28 August 2012
28 August 2012
Quickstep has received the first purchase order relating to its contract with Lockheed Martin to supply composite wing flaps for the C-130J Super Hercules aircraft.
According to Quickstep, the order covers preliminary work such as planning, tooling and training activities which are already underway. This component of the contract is expected to be valued between $1.4 million to $1.6 million and will be completed prior to the first delivery of parts.
Together with the recent grant of an export licence, Quickstep says these activities pave the way to finalising the long term agreement (LTA) with Lockheed Martin. The LTA is estimated to generate revenues of $75 million to $100 million over five years.
Following signing of the LTA, Quickstep will prepare to manufacture initial components. First delivery of parts is expected in 1Q2014, in line with global supply chain delivery arrangements.
Quickstep’s Managing Director, Mr Philippe Odouard, said that the company’s success in winning competitive international tenders from companies such as Lockheed Martin and Northrop Grumman demonstrated Quickstep’s world-class manufacturing capabilities.
“Quickstep is in partnership with several of the world’s largest aerospace companies, raising awareness of our capacity to deliver high quality carbon composites products. The commencement of the contract with Lockheed Martin is an important milestone for Quickstep, and follows closely our opening of the most advanced carbon composites manufacturing facility in Australia. We look forward to securing further contracts and establishing Quickstep as an integral part of the global supply chain for high volume carbon composites manufacturing.”
Solvay has signed a ten-year agreement for the supply of composites and adhesives to be used across Bell's military and commercial rotorcraft programmes, including the Bell 429, 407, 505, 525, V-22, and UH-1.
SGL Carbon and Fraunhofer IGCV have officially opened the Fibre Placement Centre (FPC) at SGL's site in Meitingen, Germany. Compositence, BA Composites and the Chair for Carbon Composites at the Technical University of Munich have also joined the alliance, and Coriolis Group and Cevotec are planning to come on board as partners.
With the aim developing a broader platform for additive manufacturing (AM) technologies, the University of Exeter, UK, and Victrex, have formed a strategic partnership to introduce next-generation polyaryletherketone (PAEK) polymers and composites while improving the performance of the underlying AM processes.