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Quickstep partner of Lockheed Martin’s LM-100J commercial freighter

The manufacturer of advanced carbon fibre composites, announced that it will be a supplier to Lockheed Martin for the new LM-100J commercial freighter, which made its global debut at the 2017 Paris Air Show. The LM-100J is based on the C-130J Super Hercules military tactical airlifter and delivers unmatched versatility and proven workhorse capabilities of its military counterpart to commercial operators.

Speaking from the Paris Air Show at Paris–Le Bourget Airport in France, Quickstep’s appointed chief executive officer and managing director, Mark Burgess said:

“The introduction of the LM-100J signifies a new chapter in Hercules operations and we are proud to be a part of this new platform that will truly change the commercial freighter marketplace.”

Mark joined Quickstep as chief executive officer and managing director on 8 May 2017 and went on to say:

“Quickstep has a number of additional activities underway beyond our core aerospace growth. We will invest substantially in business development to leverage our value proposition more effectively in both aerospace and new technology. Whilst growth remains our priority our business will also be focusing more clearly on costs and returns.

“We expect to implement a series of actions to deliver efficiencies over the coming months. This will improve productivity and cash flow, and accelerate group profitability. The outlook for Quickstep is strong, and we anticipate improved efficiency from our growing JSF production program. In addition, we have opportunities to deliver incremental growth across the portfolio.”

Quickstep will provide the market with a further update on its strategy and FY18 objectives in August 2017, in addition to the normal reporting activities.

Companies: Quickstep

Countries: France

Industries: Aerospace

Terms: Business

Via
This article has been edited by Basalt.Today
Source
This article has been written on JEC Composites Magazine
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