Kineco forms JV with US-based Kaman Aerospace Group Inc
Panaji: Kineco has inked a deal with US-based Kaman Aerospace Group Inc for manufacture of advanced composite structures for aerospace, defence, medical imaging and other industries in its facility at Goa.
The new entity Kineco Kaman Composites India will manufacture advanced composite structures for aerospace, defence, medical imaging and other industries using the latest carbon fibre materials and autoclave curing technology, Kineco group CMD Shekhar Sardessai said in a joint statement.
"This includes composite structural parts for modern aircraft and helicopters and potentially, parts for spacecrafts", Sardessai said
Under the deal, the Kineco's Advanced Composite Division's manufacturing facilities and business, which has been in existence for past seven years, has now been assigned to the new joint venture.
The joint venture will provide outstanding composite structures solutions to their customers around the world, Richard Thorley, Director of Strategy & Development, Kaman Aerospace Group, said.