10 June 2016

Advanced manufacturer secures sub deal

A Geelong based advanced carbon fibre composite materials manufacturer is in line to participate in the Turnbull Government’s $50 billion defence order of 12 next generation submarines.

Federal Member for Corangamite, Sarah Henderson, said Quickstep’s Memorandum of Understanding with French submarine builder DCNS Group which has just been signed could be a major coup for the Corangamite region and deliver significant job opportunities.

“The expansion of local production would create benefits for the region and build on our growing reputation as an advanced manufacturing hub.” Ms Henderson said.

“Over the next 12 months, Quickstep will work with DCNS to produce prototype carbon fibre components for the new submarines which Quickstep hopes will lead to a major contract with the submarines project.”

“Quickstep’s potential participation in the Australian Government’s new submarine program complements its involvement in the JSF F-35 Program, the world’s largest defence aerospace program.”

“Quickstep was awarded $1.76m under the Geelong Region Innovation Investment Fund (GRIIF) to develop a $5 million automotive pilot production facility at Deakin University’s Waurn Ponds, creating 30 new jobs by June 2017. It is terrific to see 26 staff already employed in production and R&D.”

“Quickstep is also manufacturing at its Waurn Ponds factory hi-tech glass fibre components for Thales Australia’s Hawkei armoured vehicle for the Australian Defence Force – an agreement worth around $8m.”

It is also producing carbon fibre components for Ford’s Ford Falcon XR6 Sprint.

“The Turnbull Government is delivering $15m to the $29.5m GRIIF creating around 840 new jobs.

Other local job achievements include:

  • $3.1m Geelong Region Job Connections program
  • a new Australian Bureau of Statistics data centre creating up to 260 local jobs
  • Advanced Manufacturing Industry Growth Centre
  • $4.17m for the Golden Plains Intensive Agriculture Precinct, delivering 775 jobs over the next ten years

As our local economy continues to transition, Quickstep’s latest deal is incredibly exciting. It reinforces the importance of our government’s focus on investing in innovation and advanced manufacturing in the Australian defence industry.

10 June 2016