NSW Premier Barry O’Farrell … ‘defence sector is key’
Perth-based advanced composites manufacturer, Quickstep Holdings has opened a new aerospace composites manufacturing facility in western Sydney – the most advanced in the southern hemisphere.
The factory, which will produce composites for the aerospace and automotive industries, will create up to 400 jobs.
The company celebrated the opening of the new site, announcing it had secured a second long-term agreement with US aerospace giant Northrop Grumman to supply F-35 Joint Strike Fighter components.
Opening the new facility NSW Premier Barry O’Farrell said: “The company’s decision to relocate from Western Australia to NSW is part of an aggressive growth strategy by this world-class manufacturer of high end carbon fibre products.”
The new facility will begin production from the fourth quarter of this year.
The company announced earlier this year it had secured an exclusive five-year contract with Lockheed Martin to produce carbon fibre wing flaps for its C130J Hercules military transport aircraft – worth between $75 million and $100 million.
It also has a 22-year agreement with Northrop Grumman, BAE Systems and Marand worth up to $700 million to manufacture a number of parts for the international F-35 Lightning II Joint Strike Fighter Program.
“The NSW Government has identified defence as a key part of our manufacturing sector,” Mr O’Farrell said.
“The manufacturing industry supports around eight per cent of all jobs in NSW and represents more than 30 per cent of all our State’s exports.”