Defence sales rose slightly from last year to $108.2-million in the company’s fourth quarter
“The aerospace industry outlook remains very strong. Global passenger traffic is back to pre-pandemic levels,” he told analysts on a conference call Wednesday. The International Air Transport Association predicts further growth, the head of the aircraft landing gear maker noted.
. The company carried out maintenance and deliveries on the Sikorsky CH-53K King Stallion helicopter – a heavy transport chopper used by the U.S. Marine Corps – and Lockheed Martin F-35 fighter jets, deployed by more than a half-dozen militaries. In an interview Tuesday, Brassard said he was unconcerned about delays in Boeing Co. production after a door plug blowout on a 737 Max 9 aircraft during an Alaska Airlines flight in January sparked an investigation by U.S. regulators.
Heroux-Devtek reported a fourth-quarter profit of $20.7-million, up from $6.3-million a year earlier, as its sales rose 18 per cent.
Quarter Cent Company Heroux-Devtek Boeing Cents Profit International Air Transport Association Embraer U.S. Marine Corps
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