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Kineco Group has been selected as a supplier by GKN Aerospace to manufacture and supply composite components for aircraft, including carbon fibre and epoxy housings for aircraft engines. The contract details were not disclosed.
Kineco Limited acquired an additional 49% equity stake in its subsidiary Kineco Kaman Composites India Private Limited from Kaman Aerospace Inc., making it a wholly-owned subsidiary.
Kineco Exel Composites India (KECI) signed a multi-year agreement to supply pultruded carbon fiber planks for spar caps to a major wind turbine manufacturer in South Asia, with deliveries expected from its new factory near Goa starting in the second half of 2024.