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Bangalore firm to manufacture helicopter parts for Boeing

Dynamatic Technologies says it has signed a deal and a model purchase contract with the US aircraft maker
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First Published: Fri, Feb 15 2013. 06 47 PM IST
A file photo of a Boeing aircraft.
A file photo of a Boeing aircraft.
Updated: Sun, Feb 17 2013. 05 23 PM IST
Mumbai: Bangalore-based engineering and manufacturing company Dynamatic Technologies Ltd said on Friday that it has signed an agreement and a model purchase contract with aircraft maker Boeing Co. of the US for the manufacture of aft pylon and cargo ramp assemblies for Boeing’s CH-47F Chinook helicopter.
The company did not specify the value of the contract.
“The potential work is slated to commence by the end of 2014,” the company said in a filing to the BSE.
On 21 December, Dynamatic Technologies signed an agreement with Bell Helicopter Textron Inc. to explore whether it could be a subcontractor for the airframe cabin assembly, airframe components and other parts for the Bell 407.
The estimated business volume of the work proposed is approximately $243 million over a 10-year period starting in 2013, the company had said in December.
According to the Indian company’s website, it designs and builds engineered products for automotive, aeronautical, hydraulic and security applications at its manufacturing facilities in Bangalore, Chennai, Coimbatore, Nasik, the UK and Germany.
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First Published: Fri, Feb 15 2013. 06 47 PM IST
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