Carbon fibre composites manufacturer, Quickstep, has extended its contract with Lockheed Martin to supply wing flaps for its commercial and military aircrafts.
The company, which is the largest independent aerospace-grade advanced composite manufacturer in Australia, yesterday signed a Memorandum of Understanding (MoU) with Lockheed Martin for a Long Term Flexible Contract (LTFC) associated with the ongoing supply of C‐130J/LM‐100J wing flaps for an additional five years, covering the period 2020 to 2024.
Lockheed Martin’s LM-100J is a commercial freighter, which was debuted by Lockheed Martin in 2017 based on the C-130J Super Hercules military tactical airlifter.
Quickstep has an existing contract with Lockheed Martin to provide wing flaps for the C‐130J/LM‐100J aircraft through to end‐2019, and this contract extension will continue the supply chain relationship.
In 2017, Quickstep supplied its first parts for the LM‐100J freighter aircraft, which is a commercial version of the C‐130J military transporter.
Quickstep’s chief executive officer and managing director, Mark Burgess said the extension opens new opportunities for Quickstep’s growth.
“We are proud to be a supplier to Lockheed Martin on this critical global program and this contract extension secures the C‐130J/LM‐100J line of business through 2024. In addition to this MoU, we look forward to further increasing the scope of our supply on the C‐130J/LM‐100J platform.”
“Quickstep’s outlook is positive. We anticipate improved efficiency from our growing production programs and the ongoing implementation of lean manufacturing processes and practices across the business,” Burgess said.
In addition to the C‐130J/LM‐100J contract, Quickstep is also a key supplier into the international F-35 Joint Strike Fighter (JSF) Program – the largest military aerospace program in the world, valued in excess of US$300 billion ($400 billion) worldwide.
Earlier this month, Quickstep received funding via Chemring Australia to produce housings for an F-35 Lightning II countermeasure flare.
Over the next three years Quickstep expects to benefit from increasing production volumes though its F-35 Joint Strike Fighter (JSF) composite parts contract and new business secured with Boeing Defense and Chemring.