Dynamatic Technologies Ltd signs Long-Term Contract with Spirit AeroSystems for Detail Part Manufacturing

Dynamatic Technologies Limited has a 15-year-long association with one of the world's leading aerostructure companies, Spirit AeroSystems, and has been producing a large volume of flight-critical assemblies and detail parts for them.

Dynamatic Manufacturing Limited, a subsidiary of Dynamatic Technologies Limited, has just signed a long-term contract with Spirit AeroSystems to manufacture detail parts for Spirit's Belfast facility in Northern Ireland.

Dynamatic Manufacturing Limited, which is a Centre of Excellence for detail parts, will be involved in engineering, manufacturing, and delivering components for different aircraft parts.

The contract award involves multiple parts for commercial and business jet programs at Spirit, Belfast.

Shares of Dynamatic Technologies Limited was last trading in BSE at Rs. 2645.00 as compared to the previous close of Rs. 2677.90. The total number of shares traded during the day was 600 in over 252 trades.

The stock hit an intraday high of Rs. 2712.95 and intraday low of 2620.05. The net turnover during the day was Rs. 1599259.00.

Source : Equity Bulls

Keywords

DynamaticTechnologies INE221B01012 SpiritAeroSystems OrderWin Contract