QHL 7.84% 27.5¢ quickstep holdings limited

This presentation seems to confirm that the Quickstep process is...

  1. 316 Posts.
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    This presentation seems to confirm that the Quickstep process is not getting used for JSF tail spars, as originally intended :
    page 14
    JSF F-35 Lightning II Program...
    » Components are supplied from Bankstown, Australia to all JSF aircraft globally


    This is disappointing, as the JSF project would have been outstanding validation of the technology. And I suspect that this may account for capital expenditure at Bankstown that seemed to go on for longer than expected and cost more than expected. Perhaps they have needed to install additional autoclaves and other tooling for traditional manufacture.

    On the other hand, it looks like a whole pile of shiny demo panels have been produced for automotive and aviation - hopefully this development cost is well targeted and leads to sales in the near future.

    exee
 
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