Dynamatic Tech inks deal with Boeing for P8I

[jha]

Dynamatic Tech inks deal with Boeing for P8I

Dynamatic Technologies today announced that it has signed a contract with Boeing for the manufacture of cabinets to house critical power & mission Equipment for the P81 program.
The P81 is a maritime surveillance aircraft from Boeing, customized for the Indian Navy, for which the ministry of defense in India has placed an order on Boeing.
The contract which was signed on Mar. 19, 2010, is significant for Dynamatic as it is the first instance of the company receiving a direct order from Boeing, one of the largest aerospace companies in the world.
Dynamatic and Boeing are working towards having the First Article ready for inspection by October 2010.
Shares of the company gained Rs 36.4, or 3.31%, to trade at Rs 1,135. The total volume of shares traded was 1,842 at the BSE (3.53 p.m., Friday).

Dynamatic Tech inks deal with Boeing for P8I idrw.org

 

[faithfulguy]

Good news. India is finally buying from Boeing? What is India buying from Raytheon or Northrop Grumman? Any one of these companies can supply India with more advance hardware than anything that India can get TOT from Europe and Russia.

 

[jha]

NG is pitching its AWAC for navy and has very good chance to win also...but about rayetheon i have not heard anything except their offer to upgrade T-72 upgrades..lets see what materializes..