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Last updated on April 16, 2014 at 17:34 EDT

Latest Avcorp Industries Inc. Stories

2014-04-14 20:20:13

BURLINGTON, ON, April 14, 2014 /PRNewswire/ - Comtek Advanced Structures Ltd. ("Comtek"), a wholly-owned subsidiary of Avcorp Industries Inc., is pleased to announce its 20th anniversary of service to the regional airline industry. Originally founded as an aircraft design consulting firm with structural repairs capabilities in 1994, Comtek has since evolved into a leading supplier of Original Equipment Manufacturer (OEM) and aftermarket flooring systems and has become an established...

2014-04-01 00:20:28

VANCOUVER, March 31, 2014 /PRNewswire/ - Avcorp Industries Inc. (TSX: AVP) (the "Company" or "Avcorp") today announced its financial results for the year ended December 31, 2013. Revenue for the year ended December 31, 2013 was $77,364,000 as compared to $89,337,000 for the year ended December 31, 2012. Current year revenues have decreased relative to the previous year primarily as a result of the wind-down of Cessna programs, offset by increased deliveries for the F-35 CV-OBW...

2014-01-20 20:20:20

VANCOUVER, Jan. 20, 2014 /PRNewswire/ - Avcorp Industries Inc. (TSX: AVP) (the "Company" or "Avcorp") today announced that it has received a 2013 Silver Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. Avcorp maintained a Silver composite performance rating for each month of the 12-month performance period, from Oct. 1, 2012, to Sept. 30, 2013. This year, Boeing recognized 582...

2014-01-06 20:20:08

BURLINGTON, ON, Jan. 6, 2014 /PRNewswire/ - Comtek Advanced Structures Ltd. ("Comtek"), a wholly-owned subsidiary of Avcorp Industries Inc., is pleased to announce it has been awarded a contract to design and manufacture the floor panels on Bombardier Aerospace's* Global* 7000* and Global 8000* aircraft. Comtek will commence design engineering in early 2014. "Comtek is pleased to continue its support of Bombardier through the Global 7000 and Global 8000 aircraft programs",...

2013-11-12 20:20:13

VANCOUVER, Nov. 12, 2013 /PRNewswire/ - Avcorp Industries Inc. (TSX: AVP) (the "Company" or "Avcorp") today announced its consolidated financial results for the quarter ended September 30, 2013. During the quarter ended September 30, 2013, the Company generated $19,767,000 revenue as compared to $19,324,000 revenue for the quarter ended September 30, 2012. Current quarter revenues have remained relatively stable from the same quarter in the preceding year, primarily as the...

2013-10-11 20:20:27

VANCOUVER, Oct. 11, 2013 /PRNewswire/ - Avcorp Industries, Inc. (the "Company") gives notice that all Series A First Preferred Shares in the capital stock of Avcorp will be redeemed in full, together with all accrued dividends thereon (the "Redemption Amount") on November 14, 2013 (the "Redemption Date") at the registered offices of the Company at: 10025 River Way Delta, British Columbia V4G 1M7 Attention: Mr. Ed Merlo, Vice-President,...

2013-09-05 20:20:10

VANCOUVER, Sept. 5, 2013 /PRNewswire/ - Avcorp Industries, Inc. (the "Company") reports that it has entered into a settlement agreement with the Cessna Aircraft Company ("Cessna") which settles all outstanding litigation between the Company and Cessna. The settlement requires payment by Cessna of USD27,964,513 in satisfaction of the judgement entered against Cessna from an arbitration award made on November 16, 2012. The settlement funds are due to the Company on September 6,...

2013-08-26 20:21:20

VANCOUVER, Aug. 26, 2013 /PRNewswire/ - Avcorp Industries Inc. ("AVP" or the "Company") today announced that it has received an Outstanding Supplier Performance Award from Boeing Canada Operations Ltd. Boeing Canada Operations Ltd. presents this award annually to their top performing suppliers for excellence in quality, delivery, customer service, and overall business relationship. "Meeting the highest level of customer expectations through a culture of operational excellence,...

2013-08-09 16:20:07

VANCOUVER, Aug. 9, 2013 /PRNewswire/ - Avcorp Industries, Inc. is pleased to announce that it has received a purchase contract from The Boeing Company for the production and supply of Tunnel Cover Assemblies for the CH-47 Chinook Helicopters. Each shipset of Tunnel Covers consists of several large and complex metal bonded aerostructures. These Tunnel Covers act as access covers to the driveshaft, which runs between the two main rotors of the aircraft. Avcorp has manufactured...

2013-08-06 20:21:37

VANCOUVER, Aug. 6, 2013 /PRNewswire/ - Avcorp Industries Inc. (TSX: AVP) (the "Company" or "Avcorp") today announced its financial results for the quarter ended June 30, 2013. During the quarter ended June 30, 2013, the Company recorded income from operations of $393,000 on $20,492,000 revenue, as compared to $411,000 operating income on $25,192,000 revenue for the same quarter in the preceding year; and net income for the current quarter of $1,596,000 as compared to net income...