Heroux-Devtek Inc. (TSX: HRX) has signed a long-term contract with Hanwha Corporation of the Republic of Korea for the design and development phase of the KF-X fighter aircraft, the company said.
This contract follows the signature of a memorandum of agreement with Hanwha, announced on February 17, 2016.
Under the terms of the contract, Heroux-Devtek is engaging with Hanwha in the design and development phase to develop jointly the landing gear system for the KF-X aircraft. Engineering, testing and qualification will be performed at the corporation´s engineering facilities located in Runcorn, UK and St-Hubert, Quebec.
The South Korean government has contracted Korea Aerospace Industry to develop the KF-X, a 4.5th generation fighter, while Heroux-Devtek and Hanwha are developing the aircraft´s landing gear system for KAI.
Heroux-Devtek Inc. (TSX: HRX) is an international manufacturer of aerospace products, specializing in company specializing in the design, development, manufacture and repair and overhaul of landing gear and actuation systems and components.
Hanwha Group is a Korean defense and aerospace company that produces machinery for fields such as hydraulic components, flight control actuators and fuel system components.