From the middle of next year, Dynamatic Technologies Ltd, a Bangalore-based company, will be the sole supplier of Flap Track Beams for the long-range aircraft programme of the European aircraft manufacturer, Airbus. The beams are a part of the Airbus A-330 and Airbus-340 aircraft, which are used by several global airlines on long-haul routes .
Explaining the importance of these beams, Srinivasan Dwarakanath, Chief Executive Officer, Airbus India, said the beams help get the flaps to move so that when the flight takes off, these give the necessary force for the lift and when the aircraft gets ready to land, they help in braking.
Dwarakanath said most of the activity (for the new contract) will be done in Bangalore, although Dynamatic would also get some components from its supply chain.
Offset clauseThe exact value of the contract was not shared due to confidentiality clauses. But, Airbus officials were categorical that the latest development was not linked to any offset clause that the company had to fulfil in India. The Government mandates that for contracts over ₹500 crore, companies need to reinvest close to 30 per cent of the value of the deal in India. Airbus signed a deal to supply 43 aircraft to Indian Airlines in February 2006 valued at ₹9,890 crore.
“Today, our driver in India is not based on offset,” Dwarakanath said.
Dynamatic, through SpiritAero, is the sole supplier of similar beams for the Airbus A-320 family of aircraft, and it has already supplied over 10,500 such beams.
Dynamatic is a $268 million company that designs and builds products for the automotive, aerospace, hydraulic and security sectors at its facilities in Europe and India.
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