Grows total order backlog to $486
million
VANCOUVER, BC, Aug. 22, 2021 /PRNewswire/ - Avcorp Industries
Inc. (TSX: AVP) (the "Company", "Avcorp" or the "Avcorp Group")
Avcorp Industries is pleased to announce the signing of a contract
extension with Boeing to provide the Wheel Well Fairing assemblies
for the Boeing 737MAX.
"We are very proud to support Boeing on programs such as the 737
MAX and look forward to continued growth providing better solutions
to all our customers. This extension represents a tremendous
opportunity for even greater collaboration between our companies
and fits perfectly with our continuous improvement and strategic
growth plans well into the future" said Amandeep Kaler, Avcorp Industries Inc. CEO.
Avcorp has been manufacturing and supplying Boeing with various
aircraft components supporting the 737, 757, 767, 777X, 787
Dreamliner, and CH-47 programs for more than 20 years.
About Avcorp
The Avcorp Group designs and builds major airframe structures
for some of the world's leading aircraft companies, including BAE
Systems, Boeing, Bombardier, Lockheed Martin, and Subaru
Corporation. The Avcorp Group has more than 65 years of experience,
over 500 skilled employees and 560,000 square feet of
facilities. Avcorp Structures & Integration located in
Delta British Columbia, Canada is
dedicated to metallic and composite aerostructures assembly and
integration; Avcorp Engineered Composites located in Burlington Ontario, Canada is dedicated to
design and manufacture of composite aerostructures, and Avcorp
Composite Fabrication located in Gardena
California, USA has advanced composite aerostructures
fabrication capabilities for composite aerostructures. The Avcorp
Group offers integrated composite and metallic aircraft structures
to aircraft manufacturers, a distinct advantage in the pursuit of
contracts for new aircraft designs, which require lower-cost,
light–weight, strong, reliable structures. Comtek Advanced
Structures Ltd., at our Burlington,
Ontario, Canada location also provides aircraft operators
with aircraft structural component repair services for commercial
aircraft.
Avcorp Composite Fabrication Inc. is wholly owned by Avcorp US
Holdings Inc. Both companies are incorporated in the State of Delaware, USA, and are wholly owned
subsidiaries of Avcorp Industries Inc.
Comtek Advanced Structures Ltd., incorporated in the Province of
Ontario, Canada, is a wholly owned
subsidiary of Avcorp Industries Inc.
Avcorp Industries Inc. is a federally incorporated reporting
company in Canada and traded on
the Toronto Stock Exchange (TSX:AVP).
AMANDEEP KALER
CHIEF EXECUTIVE OFFICER
AVCORP GROUP
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SOURCE Avcorp Industries Inc.