European aircraft major Airbus, which had sourced more than $400 million worth of components from India in the past year, has signed an agreement with Bengaluru-based Dynamatic Technologies for supply of flap-track beams for its A-330 wide-body planes, for an undisclosed sum.
Under the pact, touted as the largest manufacturing contract between Airbus and a private sector company in India, Dynamatic will assemble all the flap track beams from its Bengaluru facility. Flap track beams are used in the wings of an aircraft.
In the second phase, it will be responsible for the entire supply chain of these beams including sourcing materials, manufacturing and final assembly.
“Airbus partnership with Dynamatic signifies our commitment towards developing the aerospace supply chain in India and thereby supporting thousands of highly-skilled jobs,” Srinivasan Dwarakanath, managing director, Airbus India told reporters.
Dynamatic has manufactured flap-track beam assemblies for Airbus A320 family as a global single-source basis as a tier-2 supplier, from 2010. As part of the agreement, the Indian firm will be the single-source supplier of flap-track beams for the wide-body Airbus A330 family planes, the company said.
With this deal, Dynamatic has emerged as a tier-1 supplier to Airbus. “Through these partnerships, we can proudly claim that there’s a bit of Made in India in all our aircraft programmes,” Dwarakanath said.