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Dynamatic Technologies Ltd. Company History and Annual Growth Details

YEAR EVENTS
1973 - The Company was incorporated on 7th March, at Bangalore. It manufactures
hydraulic equipment including hydraulic gear pumps motors, valves, couplings
and hand pumps.

- The Company entered into a technical collaboration agreement with Dowty
Hydraulic Units Ltd, Chettenham, England, for the manufacture of hydraulic equipment.

1981 - Production in the hydraulic division suffered due to demand recession in the tractor
industry. Production for 28 days was also last during May-June 1983 due to prolonged
strike by workmen.

- The Company's hydraulics division developed a declutching unit, integral with the
hydraulic pump for agricultural tractors.

1987 - Production and sales increased despite strike by workmen for two months upto
20th October.

- Company Formally Known as Dynamatic Hydraulic Ltd.

2000 - Dynamatic Technologies Limited (DTL) signed a MoU to establish certified Training
Centres (CTC) in India.

- ICRA has assigned a rating of `LA-', indicating adequate safety to Rs 5 cr NCD
programme of Dynamatic Technologies Ltd. a leading manufacturer of hydraulic
gear pumps.

2001 - Bangalore-based Dynamic Technologies Ltd. has entered into a strategic alliance with
Atos Spa of Italy for the marketing latter's electrohydraulic components in India.


2003
- Special Margin of 25% has been imposed by BSE on Dynamatic Technologies Ltd on Purchases as well as Sales.

2005

- JKM Dae Rim® Rides the Global Sourcing Wave.

- Mr. Udayant Malhoutra, Chief Executive Officer & Managing Director, Dynamatic Technologies Limited handing over the first set of aerostructures for the Su 30 MKI fighter-bomber to Mr. K P Puri, Managing Director (MIG Complex), in the presence of Mr. Ashok Baweja, Chairman, Hindustan Aeronautics Limited (center).

- First major airframe structures for Sukhoi 30 MKI delivered by Dynamatic Aerospace® to Hindustan Aeronautics Limited (HAL).

2006

- Dynamatic Aerospace supplies products to Sukhoi.

- Dynamatic Technologies Board recommends dividend.

2007

- Dynamatic signs MoU with Spirit Aerosystems (Europe) Ltd.

- JKM Daerim®Inaugurates New Facility.

- Dynamatic® acquires Hydraulic Business Division in UK.

2008

- JKM Daerim® secures Honeywell– Garrett Order for Compressor Housings.

- Dynamatic® Acquires Aerospace Manufacturing Business in UK.

- Dynamatic® Acquires 12 MW Wind Farm near Coimbatore.

2009

- Powermetric® Obtains CEMILAC Certification.

- JKM Auto™ bags order from Case New Holland.

- Spirit Receives First Set Of Airbus A320 Single Aisle Flap Track Beams.

- Dynamatic® Leadership Team Meets UK Minister For Trade & Industry.

- Dynamatic® Hands Over First Batch Of Airbus Single Aisle Flap Track Beams To Spirit AeroSystems (Europe).

2010

- Swaraj, Mahindra & Mahindra, Awards Dynamatic® Hydraulics For Outstanding SCM Performance.

- Airbus Showcases Dynamatic® to International Press Corps!.

- GKN Aerospace Certificate Of Recognition For Oldland Aerospace™.

- Dynamatic® makes Aviation Week Cover!..

2011

- High Level Delegation from BELL Helicopters Visits Dynamatic Technologies.

- Dynamatic® conducts UAV demonstrations for Ministry of Home Affairs.

- JKM Ferrotech Launched.

- Dynamatic Technologies Acquires German & Indian Operations of Eisenwerk Erla GmbH.

2012

- Dynamatic® On Economic Time’s List of India’s 500 Biggest Companies.

- Bell Helicopter Signs Agreement with Dynamatic Technologies Limited.

- Gildemeister Group Chairman & Senior Executives visit Dynamatic®.

- Dynamatic® produces 1000th Set of the Airbus Single Aisle Flap Track Beam!.

- International Women's Day celebrated at Dynamatic®.

2013
-Dynamatic Signs MoU & Model Purchase Contract with Boeing.
-Dynamatic Technologies and AeroVironment Sign Teaming Agreement for Unmanned Aerial Vehicles.

2014
-Dynamatic Technologies signed a global outline agreement with BELL Helicopter, a Textron Inc., company as a single source supplier of major airframe assemblies for the BELL 407 GX.

2015
- Dynamatic & Aerovironment Inaugurate Pilot Production Facility for Next Generation UAS Cheel

2016
-Dynamatic receives Best Supplier Award from HAL
-Dynamatic Technologies has Inauguration of the First Machining Facility at Eisenwerk Erla GmbH, Germany
-Inauguration of Skill Development Training Centre at Dynamatic Park

2017
-Dynamatic Tech inks strategic cooperation with Israel Aerospace Industries Ltd (IAI), and Elcom Systems to jointly address the needs of the Indian UAV market.
-Dynamatic Technologies, engaged in precision engineering, has signed a cooperation agreement with Magal Security Systems Ltd.
-Dynamatic Recieves Frost & Sullivan Award 2017.
-Dynamatic Receives Hal’S Best Supplier Award 2017.

2018
-Dynamatic Technologies Won Two Gold Prize In Quality Circle Forum Of India.

2019
- Dynamatic Technologies launches Tejas main fuselage assembly.
-Received Global Awards From World Quality Congress.
-Dynamatic Receives Golden Peacock National Training Award 2019.

2020
-Dynamatic Technologies & Iit Kanpur Sign Mou For Joint Indigenous Development Of Innovative Unmanned Aerial Systems.
-Dynamatic Technologies Limited Completes The First Front Fuselage Final Operation Clearance (Foc) Configuration For Hindustan Aeronautics Limited.


2022
-Dynamatic Tech gains on signing MoU with HAL.
-Dynamatic Received Platinum Award 2022 for 'Most Innovative Covid Response' at Hrai.
-Dynamatic Biosecurity Lab Received Business Leader of the Year Award.

2023
-Dynamatic Manufacturing Limited Has Signed A Contract With Airbus For The Manufacturing Of Detailed Parts For Airbus Commercial Aircraft.
-Dynamatic Successfully Completes First Delivery Of Airbus A220 Escape Hatch Door Assembly To Airbus Atlantic.
-Team Dynamatic Hydraulics Wins Quality Leadership Award 2023 By World Quality Congress.
-Dynamatic Technologies Limited Handed Over 125Th Ship Set Of Boeing’S P8 Poseidon Mission Cabinets.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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