Australian composites firm Quickstep has entered a $75 million memorandum of agreement with Lockheed Martin to provide 120 carbon-fibre wingflap sets for the C-130J tactical transport aircraft.

Under the agreement, Quickstep will provide 24 ship sets annually, with production set to run until 2018, says the company. The deal follows the company’s 2012 announcement that it won a competitive tender for C-130J wingflap work.

“We are delighted to sign this memorandum of agreement with Lockheed Martin which provides increased certainty for Quickstep,” says managing director Philippe Odouard.

“Since being awarded the tender against global competition, we have made significant progress including qualification of processes, transferring of manufacturing jigs, establishing a qualified trained workforce and commencing production. We are on track to deliver the first completed assemblies in the next few weeks.”