Bangalore’s Dynamatic adds a feather to Airbus 330 wings

Dynamatic Technologies, a Rs 1,600-crore Bangalore-based precision equipment manufacturer, has been selected by the European aircraft maker Airbus to be the sole supplier of critical wing parts for the A330 series of aircraft. The deal elevates Dynamatic to being a tier-I supplier to the 60-billion-euro Airbus Group, making it the first aerospace player from India’s private sector to achieve such global recognition. The deal signifies the growing interest of Airbus in sourcing critical aircraft components from India — which last year was valued at $300 million. In 2007, Airbus sourced products from India, valued at around $13 million. Dynamatic, which has a dedicated Airbus manufacturing facility in Peenya, one of the largest industrial clusters in Asia, will supply flap track beams for the A330. Flaps on wings control the speed, direction and balance of the aircraft. They move along guide rails known as flap track beams. The wings of an A330 have eight flap track beams. Dynamatic will ship around 80 of them per month. Both Airbus India and Dynamatic didn’t reveal the cost of each flap track beam. As of last month, Airbus had a total of 1,313 firm orders for its A330 series from 97 airline customers. “Our cooperation and partnership with Dynamatic has grown from strength to strength,” said Mr. Srinivasan Dwarakanath, Airbus India CEO. Since 2009, Dynamatic has been the sole supplier of flap track beams for the smaller Airbus 320 series of aircraft. Dynamatic supplies this to an Airbus partner company, Spirit Aerostructures; so in this contract, Dynamatic is a tier-II supplier. “Dynamatic has produced over 10,000 flap track beams for the A320,” said Mr.  Dwarakanath. “Once they started making the flap track beams for the A320, we started to say that the aircraft was partly made in India,” he said. The same will now apply to the A330.  Dynamatic, which has operations also in the UK, supplies precision aerospace components to Boeing and Bell Helicopters too. “This order from Airbus is a significant milestone and validates our ability to deliver high-quality work in aeronautic manufacturing,” said Mr. Udayant Malhoutra, CEO of Dynamatic. He said the company’s aerospace business is at present around Rs 215 crore and would cross the Rs 500- crore mark in three years. A major portion of the company’s business is focused on the automotive, hydraulic and security applications sectors. Thanks to the contribution of HAL and others to the building of an aeronautics manufacturing eco-system in Karnataka, the state is now emerging as a maker of critical components for the global aviation market.

Source: http://timesofindia.indiatimes.com/


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