Thursday, 23 August 2012

Bankstown. First purchase order

Carbon composites manufacturer, Quickstep, based at Bankstown Airport, has received the first purchase order relating to its contract with Lockheed Martin to supply composite wing flaps for the C-130J Super Hercules aircraft. The recent grant of an export licence paves the way to finalising the long term agreement with Lockheed Martin. The agreement is estimated to generate revenues of $75 million to $100 million over five years. Production is expected to commence in 2014. Quickstep’s MD, Philippe Odouard, said that the company’s success in winning competitive international tenders from companies such as Lockheed Martin and Northrop Grumman demonstrated Quickstep’s world-class manufacturing capabilities.



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