A paradox of the Pentagon is that it can start a war in about five minutes, but when it comes to selecting contractors to supply the materiel the process drags out for years. But some ASX stocks are achieving success in their assault on the military establishment.
Australia’s automotive manufacturing may be rapidly dying, but some manufacturers may be one the verge of building, not just niche opportunities, but high volume output, especially if the $A slides further.
The manufacture of aeroplanes is undergoing a revolution. With improved strength-to-weight ratios now imperative in a world of secularly higher oil prices, aircraft manufacturers are rapidly shifting away from aluminium skins and other parts and towards composite plastic materials, just as they once replaced heavier steel components with lighter-weight aluminium.
Quickstep Holdings (QHL) is a Perth-based manufacturer of "composite" materials such as fibreglass, Kevlar and carbon fibre-reinforced plastics which are rapidly replacing aluminium in the race to reduce the weight of vehicles and aircraft in the new carbon-wary age. As an example, Boeing’s new 787 Dreamliner is constructed using only 20% aluminium, with composites making up the bulk of the balance.