Airbus Signs Pact With Bengaluru-Based Dynamatic

New Delhi: European aircraft manufacturer Airbus on Monday signed an agreement with Bengaluru-based Dynamatic Technologies, making the Indian company the single source supplier of flap-track beams for the wide-body A330 family aircraft.

Airbus had last year in May selected the Indian firm as the sole supplier of flap-track beams.

The agreement is the largest manufacturing contract between Airbus and a private sector company in India and elevates Dynamatic to a global Tier-1 supplier, the European firm said.

Dynamatic has manufactured flap-track beam assemblies for Airbus's single-aisle A320 family aircraft on a global single-source basis as a Tier-2 supplier since 2010.

In Phase I of the agreement, Dynamatic will assemble all the flap-track beams from its Bengaluru facility. In the second phase, it will be responsible for the entire supply chain for the flap-track including sourcing materials, manufacturing and final assembly.

With this new business award Dynamatic will be established as a centre of excellence for the production of flap-track beams, the company said in a statement.

"Dynamatic is proud of its partnership with Airbus, who have invested considerably in development, training, tooling and quality systems and worked closely with us to establish advanced manufacturing capabilities in India, which is truly in consonance with the Make in India programme," said Udayant Malhoutra, CEO and managing director at Dynamatic Technologies.

Describing India as one of the fastest aviation growth markets in the world which will be one of the largest in the next 20 years, Airbus said its industrial partnerships in India span across engineering, manufacturing, R&T and services.

"Airbus partnership with Dynamatic signifies our commitment towards developing the aerospace supply chain in India thereby supporting thousands of highly skilled jobs in India," said Srinivasan Dwarakanath, managing director of Airbus India.

"Through these partnerships, we can proudly claim that there's a bit of Made in India in all our aircraft programs," he said.

Airbus's sourcing from India last year was worth more than $400 million.