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Quickstep Signs Teaming Agreement with EDAG Australia to target aerospace manufacturing contracts
- Teaming agreement signed with EDAG Australia Pty Ltd to jointly identify and target integrated design and manufacturing contracts primarily in the aerospace and defence industries.
- EDAG is a recognised design engineering company with over 5,500 engineers globally and specialty expertise in aerospace, defence and automotive product development.
- Quickstep will be the first composite manufacturer to partner with EDAG.
- Agreement with EDAG represents the first in a number of teaming agreements Quickstep intends to establish, covering a range of disciplines to assist in targeting commercial aircraft and defence contracts.
International advanced composites group Quickstep Holdings Limited (ASX: QHL - "Quickstep") has formed a key alliance to assist in targeting aerospace and defence manufacturing contracts, today announcing it has signed a teaming agreement with EDAG Australia Pty Ltd, a division of the German-based EDAG GmbH & Co. KGaA.
Under the terms of the agreement, Quickstep and EDAG will work together to pursue opportunities within the aerospace and defence industries, targeting integrated contracts including component design, production engineering and manufacturing.
Managing Director of Quickstep, Mr Philippe Odouard said "teaming agreements are common within the aerospace industry, enabling consortiums to offer expanded skill sets and expertise that are not typically available within a single organisation".
Mr. Thomas Beck Managing Director of EDAG Australia said "his organisation is a part of a global engineering group that boasts over 5,500 engineers with 600 aerospace engineers in locations such as Germany, France and Spain" and "the EDAG group provides expert engineering knowledge to a wide range of customers including Airbus, Boeing, Dasell, Air France and ATR."
"Offering a combination of EDAG's internationally recognised engineering expertise alongside Quickstep's world class manufacturing team and facilities, the Quickstep/EDAG alliance will represent a significant force when tendering for aerospace contracts," Mr Odouard continued.
Under the terms of the agreement, Quickstep will be responsible for the provision of composite production engineering and manufacturing work, and EDAG will be responsible for design, stress and analysis, test support and certification documentation of components.
The signing of this teaming agreement with EDAG is in keeping with Quickstep's strategy of actively targeting aerospace and defence manufacturing contracts for the Company's North Coogee manufacturing facility, which is on track to achieve AS9100 standards accreditation in mid-March.
Philippe Odouard said he expected the EDAG agreement to be the first in a series of similar teaming agreements covering a range of disciplines, aimed at assisting Quickstep to secure defence and commercial aircraft contracts.
Background on EDAG Australia Pty Ltd
EDAG Australia is a successful Engineering and Design organisation, with 25 years experience providing product development services to industry. It is a wholly-owned subsidiary of the EDAG GmbH & Co. KGaA, the world's largest independent development partner.
EDAG Australia offers a wide and professional range of Aerospace Engineering Services. EDAG engineers are experienced in design to international standards such as FAA, EASA and CASA. EDAG Australia is a part of a global engineering group that boasts over 600 aerospace engineers in locations such as Germany, France and Spain. This group provides expert engineering knowledge to a wide range of customers including Airbus (Tier 1 supplier), Boeing, Dasell, Air France and ATR.
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