Quickstep Receives US$2.6 Million in Purchase Orders

Non-Recurring Work Mostly to be Delivered in the Next 18 Months

Quickstep Holdings Ltd., Sydney, Australia, a manufacturer of high-grade carbon-fiber composite components, has received additional purchase orders worth US$2.6 million for non-recurring work related to existing aerospace agreements. 
 
The orders support start up activities for Quickstep’s aerospace contracts, with the majority to be completed during 2013. Work will be undertaken at the company’s carbon-fiber composites facility at Bankstown Airport, which opened in June 2012. It has the capacity to serve large-scale, long-term contracts, and delivered its first components to global supply chain contracts in February 2013.
 
Quickstep managing director, Philippe Odouard, says: “These purchase orders demonstrate Quickstep’s increasing momentum as our aerospace production work continues to grow. We look forward to further orders as our customers’ programs advance, as well as sales to new customers.”
 
Quickstep’s firm order book now stands at AUD30 million, with a substantial proportion of orders to be completed in the next 18 months.
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