STRATEGY

Over the last few years, the Company made progress in positioning itself to benefit from the recovery in its primary markets of aerospace and power generation as it directs all energies to a return to profitability and to fully maximize the opportunities in its markets in the years ahead.

Héroux-Devtek’s strategy is focused on the development of its three core areas of expertise: landing gear, aerostructure and power generation equipment. In each of these areas, the Company is now well positioned to partner with its customers to meet market demand and to offer additional products and services.

In the near term, the Company sees interesting potential in the JSF program, which should gradually ramp up in calendar 2008 and extend over several years. Héroux-Devtek is well positioned to grow in step with this program.

The Company continues to rely heavily on the talent of both its management team and the dedication and cooperation of its employees as it builds a premier North American aerospace supplier together.