QHL 4.76% 22.0¢ quickstep holdings limited

Ann: Quickstep sales increase 229% to $39.5 million, page-17

  1. 316 Posts.
    lightbulb Created with Sketch. 4
    I don't think that there is intense pressure for new aerospace contracts just yet. Production of JSF tail parts for BAE/Marand hasn't even started - due to start this FY.

    If the qualification process approves using the quickstep process then State One would expect that QHL could soon claim a significantly increased share of the JSF vertical tails “pie”, and very possibly also of other elements of the JSF. So better to get it right with existing opportunities, before chasing the next shiny thing.

    And it hasn't been complete silence in aerospace, in any case...

    New C‐130J purchase orders contributed to Quickstep's growing order book and a new memorandum of agreement, including an extension to the existing agreement, is expected to be signed in early FY2016.

    Last edited by exee: 10/09/15
 
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