Northrop Grumman has signed a six-year agreement with Quickstep Holdings to supply composite parts for the F-35 central fuselage, with work at Quickstep's Bankstown Airport plant in Sydney. The deal is valued at least $105 million, potentially up to $195 million.
Quickstep has agreed final terms for a multi-year firm order from Northrop Grumman Corporation to supply centre fuselage components for the F-35 joint strike fighter. The order is worth $151.4 million (US$105 million) for aircraft build lots 15-19, with potential to rise to $281.2 million.
Quickstep Holdings reached an agreement to acquire Boeing's aerospace MRO facility in Tullamarine, near Melbourne, Australia, for AUD 2.64 million. The transaction is expected to close by end of 2020.