Albany Engineered Composites Expands Hypersonic, Solid Rocket Motor and Space Manufacturing Capabilities With Dedicated AEC Advanced Programs Business and Rochester Facility
Albany Engineered Composites, a segment of Albany International (NYSE: AIN), formally launched its AEC Advanced Programs business and Rochester, NH facility dedicated to hypersonic, solid rocket motor and space manufacturing. The company has invested more than $36 million since 2021 to build vertically integrated carbon-carbon composite capability, supported by a $21.2 million, 30-month U.S. government IBAS contract awarded in September. The expansion also underpins a recently announced teaming agreement with Lockheed Martin to pursue scalable production of next-generation U.S.
Key figures
- Total investment
- $36 million
- Facility size sqft
- 70000
- Ibas contract value
- $21.2 million
- Ibas contract duration
- 30 months
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