Avcorp Awarded Lockheed Martin Contract

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Avcorp Industries Inc. is pleased to announce it has been awarded its first purchase contract from Lockheed Martin.  The scope of this agreement will complement Avcorp's existing manufacturing of the F-35 Carrier Variant ("CV") Outboard Wing ("OBW") integrated assembly.  Avcorp has been manufacturing OBW assemblies under a long-term contract with BAE Systems since 2011.  The additional Lockheed Martin purchase contract will begin with production in the second quarter 2016 and first deliveries in the third quarter.   

"We are extremely pleased to have been selected as a supplier partner to Lockheed Martin, one of the world's leading aerospace Original Equipment Companies. The F-35 Program is an important part of our business strategy.  With this opportunity we are committed to providing best value to our customer and the JSF Program. We believe demonstrating our full capabilities to Lockheed Martin will open the door for additional collaborative efforts," states Peter George, CEO of the Avcorp Group.

About Avcorp

The Avcorp Group designs and builds major airframe structures for some of the world's leading aircraft companies, including BAE Systems, Boeing and Bombardier.  With more than 50 years of experience, over 388 skilled employees and 340,000 square feet of facilities at our Avcorp location in Delta BC which is dedicated to light weight metal manufacturing and assembly and at our Comtek location in Burlington ON which is dedicated to composites manufacturing and repair, 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.  Our Burlington location also offers composite repairs for commercial aircraft.