Dynamatic and Sansera ink long-term deal to produce complex components for Airbus A220 Door Program

Dynamatic Technologies Limited and Sansera Engineering Limited have signed a Memorandum of Understanding (MoU) to supply intricate structural parts for the Airbus A220 Door Program. Dynamatic Technologies is delighted to announce the awarding of a long-term contract to Sansera Engineering for the manufacturing of these complex components. This notable agreement strengthens the strategic partnership between the two companies, marking a new phase in their collaboration.

Under this contract, Sansera Engineering will leverage its cutting-edge manufacturing capabilities and expertise to produce high-precision components crucial for the Airbus A220 aircraft doors. This partnership highlights the shared dedication to excellence and innovation in aerospace manufacturing.

Udayant Malhoutra, CEO & Managing Director of Dynamatic Technologies, said, "We are thrilled to deepen our partnership with Sansera Engineering through this long-term contract. This collaboration showcases our engineering excellence and commitment to providing top-tier aerospace solutions. We eagerly anticipate contributing to the success of the Airbus A220 program."

Mr. S. Sekhar Vasan, Chairman & Managing Director of Sansera Engineering, stated, "We are honoured to be entrusted with this critical role in the Airbus A220 Door program. Our team is committed to upholding the highest standards of quality and precision with on time delivery, and we are excited to work closely with Dynamatic Technologies to achieve these goals."

The Airbus A220 is renowned for its efficiency, performance, and passenger comfort, making it a preferred choice for airlines worldwide. The components manufactured by Sansera Engineering will play a crucial role in maintaining the high standards of quality and reliability associated with the A220.

This contract not only strengthens the bond between Dynamatic Technologies and Sansera Engineering but also highlights the growing importance of Indian manufacturers in the global aerospace supply chain.

Shares of Dynamatic Technologies Limited was last trading in BSE at Rs. 7934.20 as compared to the previous close of Rs. 8022.25. The total number of shares traded during the day was 490 in over 255 trades.

The stock hit an intraday high of Rs. 8235.00 and intraday low of 7919.60. The net turnover during the day was Rs. 3921957.00.

Shares of Sansera Engineering Ltd was last trading in BSE at Rs. 1410.50 as compared to the previous close of Rs. 1416.90. The total number of shares traded during the day was 3922 in over 781 trades.

The stock hit an intraday high of Rs. 1429.55 and intraday low of 1398.40. The net turnover during the day was Rs. 5538681.00.

Source : Equity Bulls

Keywords

DynamaticTechnologies INE221B01012 SanseraEngineering AutoPartsandEquipment INE953O01021 MOU StructuralParts AirbusA220DoorProgram