RY 144.17 0.4529% TD 77.39 0.0517% SHOP 78.87 -1.3878% CNR 171.64 0.5625% ENB 50.09 -0.4769% CP 110.62 0.6277% BMO 128.85 -0.548% TRI 233.58 1.1563% CNQ 103.29 -0.174% BN 60.87 -0.2295% ATD 75.6 -1.447% CSU 3697.0 1.1582% BNS 65.76 -0.3485% CM 66.6 -0.5525% SU 54.21 1.1569% TRP 53.15 0.3398% NGT 58.54 -0.3405% WCN 226.5 0.4123% MFC 35.905 0.9986% BCE 46.75 -0.5954%
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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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