Airbus awards contract to Dynamatic Technologies

Image
Press Trust of India Bangalore
Last Updated : Mar 26 2014 | 9:34 PM IST
Dynamatic Technologies today said it has been awarded a significant aero structures contract by Airbus for the supply of flap track beams for the Airbus long range aircraft (A330 Family) variants.
This business award makes Dynamatic the first company in the Indian private sector to become a global tier one supplier to Airbus, the company said in a release.
Dynamatic Technologies, a USD 268 million company, designs and builds highly engineered products for automotive, aerospace, hydraulic and security applications at its design, engineering and manufacturing facilities in Europe and India.
Stating that the flaps on the wings, which are instrumental in controlling the speed, direction and balance of the aircraft, move along high tech guide rails known as the flap track beams, the company said these flap track beams are class 1 flight critical assemblies that are connected to the wings.
Dynamatic Technologies will supply four out of the five Flap Track Beams per A330 wing, it added.
The company has been producing flap track beam assemblies for the Airbus Single Aisle (A320) Aircraft family on a global single source basis since 2008 as a tier II supplier. The new contract award will establish Dynamatic as a Center of Excellence for the production of flap track beams.
"Our facilities in India and the UK are completely synchronised with Airbus's supply chain and geared to meet their expectations. It is a challenge and a great honour," Udayant Malhoutra, CEO and Managing Director, Dynamatic Technologies said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 26 2014 | 9:34 PM IST

Next Story