Production contract for door uplock systems extended for two additional years

LONGUEUIL, QUÉBEC--(Marketwired - May 25, 2016) - Héroux-Devtek Inc. (TSX:HRX) ("Héroux-Devtek" or the "Corporation"), a leading international manufacturer of aerospace products, today announced that its Laval, Quebec facility, which manufactures a door uplock system for the F-35 program, has received an important recognition of its performance by Lockheed Martin Aeronautics in Fort Worth, Texas. The award recognizes the exceptional quality and on-time delivery of Héroux-Devtek's products for the F-35 program from the Laval facility. The award is given to the top 25 suppliers out of approximately 1,200.

Héroux-Devtek also extended its current agreement with Lockheed Martin for the production of the F-35 door uplock systems at the Laval facility. This contract covers deliveries in calendar years 2017 and 2018 for the LRIP 9 and 10 production lots. The door uplock systems were designed and qualified by Héroux-Devtek's engineering team under a contract signed in 2004 and have since been produced by the Corporation for all F-35 variants.

"Héroux-Devtek is proud to be recognized by Lockheed Martin for its exceptional performance, which reflects the talent and dedication of our employees. Our team recognizes the importance of the F-35 program for both organizations and is firmly committed to achieving success. This program allowed Héroux-Devtek to develop a unique expertise in our field and we see additional opportunities on this program in the future," said Martin Brassard, Vice-President and Chief Operating Officer of Héroux-Devtek.