Quickstep receives US$2.6 million purchase orders

Quickstep Holdings Limited (ASX:QHL), the manufacturer of high-grade carbon-fibre composite components, today announced that it has received additional purchase orders worth US$2.6 million for non-recurring work related to existing aerospace agreements.

6th Sep 2013


Quickstep Holdings Limited (ASX:QHL), the manufacturer of high-grade carbon-fibre composite components, today announced that it has received additional purchase orders worth US$2.6 million for non-recurring work related to existing aerospace agreements.

The orders are for non-recurring program start up activities in support of Quickstep’s aerospace contracts, with the majority to be completed during 2013. Work will be undertaken at the company’s state of the art carbon-fibre 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, said: “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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