Albany invests $36M in hypersonic composite manufacturing
Albany Engineered Composites expanded its Rochester, New Hampshire, facility to about 70,000 square feet for carbon-carbon thermal protection systems used in hypersonic vehicles and solid rocket motors. The investment exceeds $36 million and is backed by a $21.2 million, 30-month IBAS contract.
- Investment in manufacturing capacity exceeds $36 million
- New facility spans about 70,000 square feet
- IBAS contract worth $21.2 million runs for 30 months
- Teaming agreement with Lockheed Martin on hypersonic systems
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