Australia's Quickstep Holdings rises on $3.6 mln contract for F-35 program

Quickstep Holdings

24/05/2021 06:31

** Aerospace component maker Quickstep Holdings  QHL.AX 
rises as much as 2.3% to A$0.045
    ** Co says it got additional order commitments worth A$4.7
mln ($3.64 mln) for its F-35 Vertical Tail production program
from existing customer in Australia  urn:newsml:reuters.com:*:nASN001886
    ** QHL says production program has commenced and the period
of performance is 22 months
    ** ~1.8 mln shares change hands vs 30-day average volume of
about 1.6 mln shares
    ** QHL down 48.8% this year, as of last close
($1 = 1.2927 Australian dollars)

 (Reporting by Aditya Munjuluru in Bengaluru)
 ((aditya.srivastsav@thomsonreuters.com))