Quickstep announces $11.3M purchase order for F-35 vertical tail components

Quickstep Holdings Ltd (ASX: QHL) (Quickstep or the Company) is pleased to announce that its Aerostructures business has secured an order for Lot 17 F-35 vertical tail components.

The $11.3 million order will be delivered in FY24 and FY25 from the group's Bankstown facility. The customer, Marand Precision Engineering, is a longstanding partner to Quickstep on the F-35 program.

Commenting on the award, Mark Burgess, Managing Director and CEO, said “following our multi-year award announcement on 25 August 2022, this additional order means our F-35 vertical tail production is also underpinned by firm contracts through FY25. It is a great testament to the quality and delivery performance of our Aerostructures business, especially in a challenging operating environment, that we have secured this follow-on work. We are proud to support this important international program and continue to explore opportunities for additional volume.”