Quickstep Wins $12m Lockheed Contract

Quickstep signs its largest aerospace production order to date with the awarding of a $12 million production purchase order with Lockheed Martin.

The purchase order is part of an overall agreement with Lockheed Martin expected to generate revenues of between US$75 million and US$100 million for Quickstep over five years.

The purchase order covers the manufacture and delivery of composite carbon fibre wing flaps for 24 Lockheed Martin C-130J Hercules aircraft.

The work is to be undertaken at the Bankstown aerospace facility recently established by Quickstep.

Deliveries are expected to begin in the December quarter of 2013 at an approximate rate of two sets per month.

The order is in addition to the initial purchase order from Lockheed Martin for preliminary work announced in August 2012, which is expected to be completed prior to the first delivery of parts.

Each set of wing flaps comprises four parts with an aluminium structure and skins of carbon fibre composite, providing light, strong components capable of great endurance and longevity.

Demand for the C-130J remains strong. Since the model was first introduced, it has proven its value as the workhorse of airlift worldwide.

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