The new generation aircraft is being developed for US and UK armed forces and allies, while the Australian government plans to acquire up to 100 to replace its Hornets and F-111s from 2012.
Quickstep said in a statement on Wednesday that it had signed a memorandum of understanding with Lockheed Martin and Northrop Frumman Systems Corporation to build key components for the JSF.
Quickstep, which manufactures strong, lightweight composite products for the aerospace sector at facilities south of Perth, says the deal could generate more than A$50 million in annual turnover by 2015.
The contract is planned to last between 20 and 30 years.
Quickstep expects to sign a final long-term agreement in March next year.
(AAP)maz

More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index