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Exchange Disseminated Time | With reference to news flashed on CNBC TV 18 on February 16, 2015 titled "Dynamatic Technologies Signs Agreement with Airbus" Dynamatic Technologies Ltd has Clarified to BSE as under:
"Dynamatic Technologies Limited ("Dynamatic") has been supplying flap track beams to Airbus SAS ('Airbus') since 2010 for A-320 family of aircrafts as a single source supplier. These are reflected in the financial statements.
On February 16, 2015 Airbus signed contract with Dynamatic to extend its production of flap track beams to A-330 as well. These will be produced in the existing facilities at Dynamatic."
In this regards, the Company has submitted to BSE a copy of Press Release. |
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