Court ruling includes $1 million in punitive damages and $500,000 in compensatory damages tied to patent for Moustache landing gear.
Five-year extension from unidentified customer could be worth up to $100 million in orders.
New facility expected to be fully operational in June 2015, creating 40 jobs.
The multi-year deal is expected to be worth up to $20 million.
Aircraft landing gear had $61.45 million of revenue, down slightly from $61.7 million a year in 2012.
The trends have forced the company to temporarily layoff 40 workers at its plant in Longueuil, Que.
$50 million will assemble landing gear and control systems.
Aerospace manufacturer will provide landing gear and overhaul services to US Air Force aircraft over four years.
Quebec aerospace company to focus on landing gear operations.
Aerospace manufacturer expects Boeing, Airbus to ramp up orders.
Landing gear manufacturer Heroux-Devtek will create 50 new jobs after receiving more than $6.2 million of financial support from the Quebec government.
Querétaro Aerospace park is already home to some of aerospace’s biggest players, including Bombardier
Canadian aerospace firms declared major deals during the International Paris Air Show today, including Bombardier ($1 billion), and Héroux-Devtek ($70 million).