Delta's Avcorp Industries got a boost Tuesday (Sept. 4) with the announcement the aviation components manufacturer landed an $80 million contract extension with Boeing.
Commencing in 2013, the five-year deal has Avcorp providing Boeing with the wheel well for the Next-Generation 737, as well as assemblies and components that support the Next-Generation 737, 747-8, 767, and 777 aircraft.
The agreement maintains 75 jobs at Avcorp for the contract's duration.
"The aerospace sector represents a tremendous opportunity for investment into B.C. and for job creation for British Columbians," said Pat Bell, B.C.'s Minister of Jobs, Tourism and Innovation. "'Canada Starts Here: The BC Jobs Plan' is clear in its support for industries that create jobs for B.C. families, and our government will continue to be an advocate on behalf of our leading-edge companies."
Catherine Hawkins, senior manager with Boeing said a significant factor that was considered in extending the contract was Boeing's Industrial Regional Benefits commitment in Canada, a policy which requires prime contractors such as Boeing to make investments in the Canadian economy as a result of winning defence and security contracts with the Government of Canada.
"Boeing has several active IRB commitments tied to C-17, ScanEagle, Chinook Helicopter and the Mercury Global satellite programs; and this contract is a another great example of working together to create win-win opportunities for all," Hawkins said.