UPDATE 1.55pm: Shares in Quickstep Holding firmed after the manufacturer announced it had received additional purchase orders worth $US2.6 million for non-recurring work related to existing aerospace agreements.
The work will be undertaken at the company's carbon-fibre composites facility at Bankstown Airport, which opened in June 2012.
Quickstep managing director Philippe Odouard said the purchase orders demonstrated Quickstep's increasing momentum as its aerospace production work continued to grow.
"We look forward to further orders as our customers' programs advance, as well as sales to new customers," he said.
Quickstep said its firm order book had risen to $30 million, with a substantial proportion of orders to be completed in the next 18 months.Shares in the company were up 1.5 cents, or 7.69 per cent, to 21 cents shortly before the close.