QHL
Director Trades
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Company News
Quickstep Holdings the target of off-market takeover bid from ASDAM Operations
Australian aerospace composite business Quickstep Holdings (ASX: QHL) has become the target of an off-market takeover bid by ASDAM Operations. The deal is priced at $0.40 per Quickstep share, representing a 105% premium to the last closing price of $0.195. The all-cash offer is contingent on several conditions, including a minimum 90% acceptance by Quickstep […]
Market wrap: volatility the key in pre-election trading
A solid advance after a thumping fall on Thursday saw the Australian share market move back close to its record high but is a million miles away from where it was just a few days ago. As the US election race revs up onto a serious contest there has also been a rapid and market […]
Quickstep announces operational overhaul as drone production surges
Aerospace composite business Quickstep Holdings (ASX: QHL) has finalised a series of operational changes designed to optimise performance at its Bankstown facility in New South Wales. Changes within the Structures business unit will result in a reduction of direct production and operational headcounts by approximately 20%, with smaller teams in operations leadership, quality, procurement and […]
Quickstep continues expansion with key aerospace contracts, development grant
Aerospace composite business Quickstep Holdings (ASX: QHL) has confirmed orders for the production of aircraft components under long-term agreements with US contractors Northrop Grumman and Lockheed Martin, as well as Australian engineering firm Marand. The multi-year orders are believed to be an indicator of forecast global demand for F-35 fighter jets and C-130 military transport […]
Quickstep Holdings extends lucrative Lockheed Martin contract a further five years
Carbon fibre manufacturer Quickstep Holdings (ASX: QHL) has extended its contract with major global aerospace and security company Lockheed Martin for a further five years. Under an existing contract, Quickstep has been supplying Lockheed with wing flaps for C-130J/LM-100J aircraft models and the contract is due to wrap up in late 2019. Today’s memorandum of […]