Dynamatic Technologies & Dassault Aviation sign a Long Term Contract for manufacturing and assembly of Flight Critical Aero Structures for Falcon 6X

Dynamatic Technologies has signed a long-term contract with Dassault Aviation, a world-renowned aerospace manufacturer, for the manufacturing and assembly of flight-critical aero structures for the Falcon 6X.

As part of the Make in India initiative, Dynamatic Technologies will leverage its expertise in precision engineering and state-of-the-art facilities to manufacture and assemble critical aero structures for Dassault's flagship Falcon 6X aircraft under this agreement. This collaboration further strengthens the partnership between the two companies, while showcasing Dynamatic's position as a preferred supplier of aero structures in the aerospace industry, promoting the growth of indigenous manufacturing in India.

"Dynamatic Technologies is proud to partner with Dassault Aviation on this prestigious project," said Mr. Udayant Malhoutra, CEO and Managing Director of Dynamatic Technologies Limited. "This longterm contract highlights our commitment to delivering high-quality products and services to our customers. We look forward to contributing to Dassault's vision of innovation and excellence in aerospace manufacturing."

The Falcon 6X, is a highly advanced business jet that combines unrivaled comfort with exceptional performance. Known for its range, efficiency, and advanced technological features, the Falcon 6X is set to redefine the business aviation industry.

"Dassault Aviation is delighted to sign this contract, which consolidates its partnership with Dynamatic Technologies and confirms its determination to contribute actively to the "Make in India" policy by supporting India's strong desire to position itself as a benchmark international supplier to the global aerospace industry." said Mr. Bruno Coiffier, Senior Executive Vice President of Dassault Aviation.

Shares of Dynamatic Technologies Limited was last trading in BSE at Rs. 5246.80 as compared to the previous close of Rs. 5341.05. The total number of shares traded during the day was 465 in over 237 trades.

The stock hit an intraday high of Rs. 5339.95 and intraday low of 5212.05. The net turnover during the day was Rs. 2448929.00.

Source : Equity Bulls

Keywords

DynamaticTechnologies INE221B01012 LongTermContract DassaultAviation AeroStructures Falcon6X