Latest news with #FACC
Time of India
8 hours ago
- Automotive
- Time of India
In a 1st, European company to source aircraft parts from Goa firm
Panaji: In the first collaboration between a European aerospace supplier and a Goan company for commercial planes, Austrian aerospace firm FACC AG has signed a seven-year agreement with Goa-based Kineco Aerospace & Defence to source structural parts for passenger aircraft. The agreement was announced on the second day of the 2025 Paris Air Show, on Tuesday. The multi-million deal sets in motion a 10-month phase of technical and operational coordination between FACC and Kineco. If executed, this partnership will integrate Kineco into FACC's global supplier network. FACC's annual revenues hit 884.5 million in 2024, and it counts Airbus, Boeing, Bombardier, and Embraer among its customers. 'Kineco Group has been making strategic, forward-looking investments in state-of-the-art capabilities, global-scale capacity, and world-class manufacturing and governance practices,' said the founder and chairman of the Kineco Group, Shekhar Sardessai. 'We are aligning with the evolving needs of Tier-1 companies and global commercial aircraft original equipment manufacturers.' Air India and IndiGo placed orders for a total of 1,830 aircraft from Airbus and Boeing. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thị trường có dấu hiệu suy thoái không? IC Markets Đăng ký Undo The parts manufactured at Pilerne are expected to find their way onto some of the aircraft that will be delivered to these two Indian carriers. While India's contribution to global commercial aviation is just around 2%, the country is actively working to increase its share in aerospace manufacturing. 'I take immense pride in this milestone — not just for Kineco, but for India's larger ambition to become a globally competitive aerospace manufacturing hub,' Sardessai said. 'It stands as a strong validation of India's rising stature in the global aerospace value chain.' FACC, which counts among the world's leading suppliers of lightweight aerospace systems and components, used to source these parts from China and Paris. The company indicated that its collaboration with Kineco is driven by a deliberate pivot to 'globally competitive partners' who meet stringent benchmarks in quality, cost, delivery, and innovation. Since the Covid-19 pandemic, there have been growing industry concerns over supply chain vulnerabilities and over-reliance on China. Kineco Aerospace & Defence, a division of Kineco Limited, is part of Goa's modest but steadily growing aerospace and composites manufacturing ecosystem. The firm worked on domestic defence and space programmes, including military contracts from BAE Systems and Hindustan Aeronautics Limited (HAL), as well as the Indian Space Research Organisation's satellite programme.
Yahoo
09-06-2025
- Health
- Yahoo
The Inner Circle acknowledges, Vijay S. Iyer, MD, Ph.D, FACC as a Pinnacle Lifetime Member
EAST AMHERST, N.Y., June 9, 2025 /PRNewswire/ -- Prominently featured in The Inner Circle, Vijay S. Iyer, MD, Ph.D, FACC is acknowledged as a Pinnacle Lifetime Member for his contributions to Complex Cardiac and Structural Interventions. Dr. Vijay S. Iyer, MD, Ph.D., FACC, is a distinguished interventional cardiologist specializing in complex cardiac and structural heart interventions. With a commitment to patient-centered care, Dr. Iyer focuses on advanced procedures such as mitral valve replacement, transcatheter aortic valve replacements (TAVR), and left atrial appendage occlusion. He is dedicated to educating his patients about their conditions and utilizing cutting-edge technology to enhance cardiac care in Western New York. Dr. Iyer earned his MBBS from Grant Medical College/University of Bombay, India, and pursued a Ph.D. in molecular pharmacology at Drexel University. His extensive training includes internal medicine residency at Lincoln Medical Center and the University of Buffalo, fellowships in molecular mechanisms of signaling and cardiovascular study at the University of Buffalo, and an interventional cardiology fellowship at the University of Minnesota. He is board certified in internal medicine, cardiology, and interventional cardiology. Affiliated with the American College of Cardiology, the Society of Coronary Artery Angiography and Intervention, and the American Heart Association, Dr. Iyer is also actively involved in fundraising and community health efforts. He serves as the Director of the Complex Valve Clinic at Buffalo General Medical Center and Gates Vascular Institute, where he oversees structural heart interventions and contributes to groundbreaking research. Dr. Iyer's career is marked by significant accomplishments, including his recognition with the Joel Gernsheimer Award in 2001 and the Best Research Poster Award at the MCP Hahnemann School of Medicine Annual Scientific Meeting in 1999. His published work includes white papers and training manuals/materials. Mentored by John Canty, MD, and Timothy Henry, MD, Dr. Iyer's future projections include advancing cardiology through research into new devices and therapies, as well as ongoing participation in multicenter clinical trials. His philosophy, "It's always a team effort," reflects his focus on patient education and collaborative decision-making. Contact: Katherine Green, 516-825-5634, editorialteam@ View original content to download multimedia: SOURCE The Inner Circle Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
