Another article of QHL on the potential 'benefit' from the recent BUDGET.
https://unauthorised investment advice/news/your-pre-budget-show-bag-sweeteners-lamingtons-cash-payouts-and-small-caps/
Quickstep Holdings (ASX:QHL)The company offers a unique exposure to the global aerospace and defence sector.Although most of the defence budget will be targeted at our naval capabilities, the air force will also get increased funding,The Royal Australian Air Force (RAAF) has just confirmed its receipt of four additional F-35A Lightning II aircraft, taking the total size of the fleet to 48.The F-35 Joint Strike Fighter (JSF) aircraft program is supported by Quickstep, which supplies the vertical tail parts to BAE Systems under an agreement with BAE’s supplier, Marand Precision Engineering.Quickstep also supplies Boeing with several composite parts for the F-15 and F-18 military aircrafts.
Do note the focus has been on naval capabilities. However, I am sure that with some 'tweaking', QHL tech can be used for Naval applications too. Would be interesting to see if they design/offer some naval products.
Well, that being said, it'll be nice to see any form of formal announcements, positive ones (hopefully!) about how the Boeing MRO and etc. has been progressing.
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