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Quickstep on Target with Establishment of New Aerospace Manufacturing Facility

30 August 2011

Quickstep Holdings is relocating to a new aerospace manufacturing facility at Bankstown Airport, in south-west Sydney, New South Wales.

The Company is undertaking the move to enable it to secure a long-term, large scale manufacturing facility to underpin its contractual obligations relating to the international F-35 Joint Strike Fighter (JSF) program, as well as to access the highly skilled aerospace workforce residing in New South Wales.

The current Bankstown Quickstep facilities comprise two buildings – a 1,250m2 office building and a 3,500m2 main hangar, which will be extended to 4,000m2. They say the relocation will occur in two phases – the composite curing phase and the precision machining phase - designed to minimise schedule risk associated with upgrading an established facility and ensure that the timeframe for the JSF component delivery is met.

Construction for the composite curing plant is well underway and is due for completion in October 2011. Quickstep says they have already placed permanent staff at the Bankstown facility and office space has been established for permanent as well as rotational staff.

The precision machining phase will run from November 2011 to first quarter 2012, and Quickstep explain that the main proportion of the equipment required for this phase is on site, with all remaining equipment on schedule and trade contractors appointed. Qualification of the facility will start in mid-October and continue until the end of 2012.

Quickstep has recently appointed Michael Schramko as Operations Manager and Mr Philippe Odouard, Managing Director of Quickstep, said the move to Bankstown represented a step change for the Company and welcomed the appointment of Mr Schramko to oversee this critical phase of Quickstep's development as well as being responsible for the JSF production itself.

“This facility will provide Quickstep with the ability to deliver on its growth objectives and Mr Schramko will be a key in managing an efficient transition and ongoing production,” he said.

“The Bankstown premises are much larger than our existing facility in Western Australia, has considerable scope for expansion and offers the added benefit of a long term lease – which is an absolute requirement in our securing JSF contracts as well as new work we are continuing to pursue. By moving to New South Wales, Quickstep gains access to an existing workforce of highly skilled aerospace technicians that would simply not be available to us at our existing facility,” Mr Odouard continued. “This ready-made team, together with the extensive network of suppliers located in NSW and on the east coast of Australia, provides Quickstep with the foundations required to deliver large-scale aerospace and defence programs.”






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