QHL

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Ann: Quickstep appoints new Chief Financial Officer, page-60

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andy_verce

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13/09/18

00:28

Post #: 35563031
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Originally posted by plough ↑

"It is hard to get a good forecast on future figures $$ wise because they are running some of the larger projects conventionally with the autoclave"

Why are they using an autoclave for their larger projects , given QHL's competitive advantage is their "QURE" process which seems a flow rather than batch process which I imagine an autoclave is for .
Agreed diversification away from Lockheed Martin is good especially considering the latest Lockheed agreement with India who will be able to make their own wings for the F35 which I imagine could included ailerons and flaps which is QHL's main earner with the F35 (from memory) .

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Originally posted by Gilant ↑

@plough
I think we have had some of this discussion before. QHL are not supplying ailerons and flaps for F35 they provide doors direct to LM and some vertical tail panels for Marand who are a BAE subsidiary. It is not up to QHL to decide to use QURE for those parts. The contracts were won on the basis of autoclave production and changing that is not on Lockheed's radar so we are stuck with it. In a way that is a shame as US gov are pressuring for cost refductions and QURE could reduce costs as well as increase QHL margin.

If customers were allowed to make their own parts for these aircraft LM would totally lose control of quality and possibly the aircraft's performance so no country will be making their own parts for any of these aircraft. The supply chain involves production of a part for all F35 units built, the same for the C130/LM100 wing flap sets. No one else is making these.

New contracts are a different story and hopefully will eventuate using QURE

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@Gilant -- Your right, they are not making F-35 body... but they are making parts that they are buying!! lol
@plough -- Apologies. Was a bit mixed up. I read this and saw it on TV ages ago. But, it is for the old tech.. and they are paying to make them and use them (though the article says it's not contingent for them to use them -- why wouldn't they).
https://www.livemint.com/Companies/...o-produce-F16-fighter-jet-wings-in-India.html

Last edited by andy_verce: 13/09/18

QHL Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
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