Kaman Aerospace Group Inc., which is part of the Bloomfield, Conn.-based Kaman Corp., has signed a deal with Kineco Pvt. Ltd. to form a manufacturing company in India. The venture will be based in Goa and will manufacture advanced composite structures for aerospace, medical and other industries.
The new company, to be known as Kineco Kaman Composites – India, will initially be constituted from Kineco’s existing Goa manufacturing facility, which employs approximately 150 people and already produces complex composite structures utilizing the latest carbon material and autoclave curing technology, according to Kaman Aerospace. This facility and the capabilities of both partners will form a solid foundation for future growth, the company added.
“This is a further step in our group’s strategy for our composites business. Kineco brings strong local knowledge and business relationships and when combined with our international customer base we anticipate major opportunities in both commercial and defense applications,” said Gregory L. Steiner, president of Kaman Aerospace.
“This venture is an excellent strategic development for both parties, and will allow Kineco and Kaman to accelerate their growth plans and enable us to participate in the global market, including offset opportunities arising from major defense spending by the Indian government,” said Shekhar Sardessai, chairman and managing director of Kineco. “We are excited at Kineco to be joining forces with a substantial and well respected international partner in Kaman and we are looking forward to achieving significant strategic benefits from this combination, which will allow us to better serve our customers’ growing needs.”
Kaman Aerospace produces aircraft bearings and components; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; aerostructure engineering design analysis and FAA certification services; safe and arm solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; and support for the company’s SH-2G Super Seasprite maritime helicopters and K-MAX medium-to-heavy lift helicopters.
Kineco is a composites manufacturing company with a focus on the aerospace and defense industries. It has two operational facilities with total manufacturing space of 150,000 square feet. The company also caters to industries such as, railways, mass transportation, process and marine.