Heroux Devtek: Jumps on supply contract with Boeing

Heroux Devtek

05/10/2020 19:46

** Shares of aerospace products manufacturer  HRX.TO  rise
as much as 4.7% to C$10 
    ** Boeing Co  BA.N  awards HRX's subsidiary in Spain a
multi-year contract to manufacture new actuation components for
several commercial aircraft platforms  urn:newsml:reuters.com:*:nASA017O7
    ** Heroux Devtek says contract includes supply of production
requirements and spare parts for Boeing's 787, 777, 777X, 767
and 747 aircraft
    ** Adds it is the largest contract for Heroux Devtek Spain
since acquisition of CESA in Oct 2018
    ** HRX stock down 49% YTD 

 (Reporting by Shradha Singh in Bengaluru)
 ((Shradha.Singh@thomsonreuters.com; within U.S. +1 646 223 8780
Ext: 2804, outside U.S. +91 80 6182 2630;))