India, Sept. 29 -- Tuesday, Albany Engineered Composites, a segment of Albany International Corp. (AIN), announced that it has secured an IBAS contract worth $21.2 million over the 30-month period of performance for Strengthening America's Manufacturing and Defense Industrial Base.

The award, issued through the U.S. Army Contracting Command-Rock Island and Cornerstone OTA, supports the development of carbon-carbon composite thermal protection systems for hypersonic vehicles and solid rocket motors. The project aims to develop scalable manufacturing capabilities for defense applications that operate in extreme environments.

The program aims to establish a vertically integrated carbon-carbon composite manufacturing facility in the U.S. This...