Published On:October 27 2023
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"Kineco Kaman Secures Significant Export Contract from BAE Systems"
Kineco Kaman Composites India Private Ltd, a stepdown subsidiary of Indo National Ltd, has been awarded a substantial contract worth ₹100 crore (approximately $12.39 million) by BAE Systems. The contract involves the manufacturing and export of fully assembled mission crew workstations (consoles) for the Boeing P-8 Poseidon Aircraft.
The Boeing P-8 Poseidon is a long-range multi-mission patrol and reconnaissance aircraft recognized for its exceptional capabilities within its class. The Indian Navy currently operates a fleet of 12 P-8 Poseidon aircraft.
Kineco Kaman has been actively involved in this program since 2013 and has successfully delivered over 700 consoles to BAE Systems. The company's remarkable track record in terms of 100 percent on-time delivery and quality performance has earned it several Gold Supplier awards from BAE Systems. Notably, in 2020, Kineco Kaman was honored with the prestigious "Partner2Win Supplier of the Year" award by BAE Systems, in recognition of its exceptional contributions.
Expressing his thoughts on the contract, Shekhar Sardessai, Chairman and Managing Director of Kineco Kaman, conveyed, "BAE Systems is a very special customer for us, and we truly cherish our long-standing relationship, which has led to extraordinary success for both companies. A contract of this magnitude reaffirms the confidence BAE Systems has in Kineco Kaman as a reliable and competent partner. On behalf of the Kineco Kaman team and personally, I would like to express our gratitude to BAE Management for their continued trust and support."
Adam Watson, Managing Director of BAE Systems India, emphasized, "Our enduring partnership with Kineco Kaman reflects their consistent performance, vision, and growth, making them a truly reliable and valued partner within our global supply chain, which now includes 79 Indian companies."
HBL