Monday, March 5, 2012

DTN News - AUSTRALIAN DEFENSE NEWS: Quickstep Wins Military Aircraft Contract

DTN News - AUSTRALIAN DEFENSE NEWS: Quickstep Wins Military Aircraft Contract

(NSI News Source Info) TORONTO, Canada - March 5, 2012: Australia's Quickstep Holdings says it has been awarded the tender to build part of the C-130J Hercules military transport aircraft.

The Perth-based company said on Monday it would be the sole supplier of the wing flaps on Lockheed Martin's C-130J.

Quickstep managing director Philippe Odouard said in a statement the wing flaps would be built at Bankstown Airport in Sydney's west and could create 60 jobs.

The Bankstown site was previously used by current supplier Boeing Aerostructures Australia, before it consolidated its manufacturing facilities at Fishermans Bend in Melbourne.

Quickstep said first aircraft parts were due to be delivered in 2014 and that it had secured a right of first refusal on most of Boeing's existing C-130J manufacturing facilities at Bankstown Airport in Sydney.

The company closed up 2.5 cents, or 15.15 per cent, at 19 cents.

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