and AeroVironment, Inc. have signed a Teaming Agreement to address the growing global demand for Unmanned Aircraft Systems. The agreement provides for the manufacture of UAS in India, which will enable Dynamatic and AeroVironment to work together on a number of business opportunities for potential customers including the Ministry of Defence and the Ministry of Home Affairs.
Dynamatic Technologies is a demonstrated leader in the Indian private sector for Aerospace and Defence products, having partnered with the Ministry of Defence and its associated agencies like Hindustan Aeronautics Limited on key projects including the Sukhoi Su-30MKI Fighter Bomber, the IJT-36 Intermediate Jet Trainer, and the Lakshya Pilotless Target Aircraft.
“Teaming with AeroVironment is strategic to our efforts to build capabilities in the Aerospace Segment” said Udayant Malhoutra, CEO & managing director, Dynamatic Technologies Limited “The combination of AeroVironment’s technical capabilities and unmatched experience in Unmanned Aircraft Systems and Dynamatic’s precision engineering capabilities, along with the strong brand equity of both Companies, will facilitate the availability of world-class UAS”
With over 24,000 UAS delivered worldwide, AeroVironment has the largest operational deployment of UAS in the world and its products are extensively used by the military forces of the United States and 24 other countries.
“This teaming agreement is a key component of AeroVironment’s continued international growth,” said Roy Minson, AeroVironment Senior Vice-President and General Manager of the company’s unmanned aircraft systems business segment. “We believe that Dynamatic Technologies’ successful track record makes them an ideal teammate for introducing our leading small unmanned aircraft systems to this market,”
Dynamatic Technologies¸ a $275 million Company, designs and builds highly engineered products for Automotive, Aerospace, Hydraulic and Security applications at its state-of-the-art design, engineering and manufacturing facilities in Europe and India. Dynamatic® is a demonstrated leader for the development of exacting Aerostructures and Precision Aerospace Components and partners with agencies of national importance as well as global Aerospace majors.
Source: Press Release