Dynamatic receives contract with Boeing in support of T-7A Red Hawk

Dynamatic Technologies Ltd has been awarded a Contract for the delivery of tools for the Static and Fatigue Testing of the control surfaces of the Boeing-Saab T-7A Red Hawk Program.

Dr. Udayant Malhoutra, Chief Executive Officer & Managing Director of the Company said "Dynamatic has been a partner with Boeing on P-8 Poseidon and CH-47 Chinook for the last decade. We are proud to grow our partnership with Boeing on the T-7A Red Hawk."

The T-7A Red Hawk is an all-new advanced pilot training system designed for the U.S. Air Force that will train the next generation of fighter and bomber pilots for decades to come.

Produced using advanced manufacturing techniques and built along a digital thread, the T-7A aligns with the U.S. Air Force's new eSeries strategy by enabling design, coding and testing faster and more affordably through a digital matrix.

Shares of DYNAMATIC TECHNOLOGIES LTD. was last trading in BSE at Rs.706.5 as compared to the previous close of Rs. 672.9. The total number of shares traded during the day was 2712 in over 270 trades.

The stock hit an intraday high of Rs. 706.5 and intraday low of 678.15. The net turnover during the day was Rs. 1905886.

Source : Equity Bulls

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