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Perth based Quickstep Holdings has signed a Manufacturing License Agreement (MLA) with Northrop Grumman for the manufacture of up to $700 million worth of components for the JSF program.
The MLA follows an MoU signed late last year, and provides export approval to Northrop Grumman to start transferring to Quickstep technical information necessary for the manufacture of 21 different composite components to be produced under the MoU.
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Once the technical information is received, Quickstep can start planning costs and schedules prior to signing a Long Term Agreement with Northrop Grumman for the manufacture of the components from 2012.
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