RY 161.2 -1.8509% SHOP 138.97 -5.2176% TD 86.42 -0.9967% ENB 63.565 0.1024% BN 74.36 -4.0145% TRI 244.82 -0.9027% CNQ 43.695 -1.3211% CP 100.11 -2.4269% CNR 140.04 -1.8641% BMO 137.15 -1.267% BNS 68.325 -1.2645% CSU 4591.96 -1.5043% CM 80.13 -2.3043% MFC 44.03 -1.1672% ATD 69.99 -0.5683% NGT 68.92 -0.4478% TRP 68.76 -0.5064% SU 54.77 -0.9405% WCN 276.03 -0.4867% L 197.94 0.7226%
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Heroux-Devtek reports 6.6% jump in Q2FY24 sales, NPAT drops by 2%
Image source: shutterstock.com
Highlights
Heroux-Devtek Inc (TSX: HRX) is involved in designing, development, manufacturing, and repairs of landing gear and actuation systems and components for the aerospace market. It is also engaged in production of electronic enclosures, heat exchanges, and cabinets for airborne radars, electro optic systems, and aircraft controls via megatron operations and fluid filters products through its Bolton operations. Its products portfolio includes military fighter and transport aircraft, helicopters, jets, electronic enclosures, heat exchangers, and cabinets.
Recently, the company hit a significant milestone with its selection by ITP Aero to spearhead the development of its avant-garde technologies, confirming its onboarding to the FCAS program.
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