• Upgrade costs of C-130J's go through the roof
    Upgrade costs of C-130J's go through the roof
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In its latest market update, Quickstep has revealed sales of A$28.5 million for the nine months to 31 March 2015, with A$15.1 million of the sales coming in the third quarter.

The company has maintained the C-130J production rate with eight ship-sets delivered in the third quarter making a total of 22 ship-sets delivered in the first three quarters of the financial year.

The company delivered 325 JSF parts in the first three quarters as the rate continues to increase.

Delivery of the company's first Quickstep Process plant for aerospace is scheduled for mid-2015 after successful factory acceptance testing.

On the automotive side, the company says that the first tooling order for the Hawkei Project is expected soon. Negotiations continue with other automotive companies for parts and machine manufacturing contracts globally.

As previously reported David Marino took over as Managing Director on 16 February 2015 with Tony Quick resuming his prior role as independent non-executive chairman.

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