VANCOUVER—Avcorp Industries Inc. has won a new contract to build components for Boeing Co.’s 787 commercial jet program.
Awarded by Japan’s Fuji Heavy Industries Ltd., the long-term subcontract deal will see the Delta, B.C.-based company build composite structural parts that will then be assembled and incorporated into the centre wing box on Boeing 787s.
“The contract award with FHI is significant on a number of levels,” Peter George, the company’s CEO, said “First, it transitions our role with FHI from being a supplier with short-term purchase orders to one with a long-term contract for complex composite components for the Boeing 787 platform. Second, it extends our reach within the Boeing supply chain by complementing our long-standing relationship with the OEM.”
Avcorp did not release the financial details of the deal.
The company plans to manufacture the components at its Gardena, Calif. plant. It laid off 75 workers at the fabrication facility earlier this week citing cost savings.