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Heroux-Devtek concludes final settlement with UTC


May 29, 2015
By Heroux-Devtek

Heroux-Devtek has announced it has concluded a final settlement with UTC Aerospace Systems in regards to a litigation. This final settlement, which follows the execution of a Memorandum of Settlement on May 27, 2015, includes an agreement on the terms for the extension of two existing contracts with UTAS for the supply of various aircraft parts.