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Dynamatic Technologies inks cooperation agreement with Israel Aerospace Industries

15 Feb 2017 Evaluate

Dynamatic Technologies has signed cooperation agreement with Israel Aerospace Industries to jointly address the needs of the Indian UAV market. The agreement encompasses the transfer of technology and production capabilities from IAl to DTL to enable the indigenous capability for mini UAV systems for the benefit of Indian end-users and in support of the Indian government's ‘Make in India’ initiative.

This agreement can serve as a solid foothold for much broader collaboration between the parties in the field of UAVs in India, while retaining the continuity of existing programs and enabling the implementation of new ones.

Dynamatic Technologies is the largest producer of Hydraulic Gear Pumps in Asia and one of the top five worldwide. The company designs and builds highly engineered products for Automotive, Aeronautic, Hydraulic and Security applications. It has two state-of-the-art manufacturing facilities, located in Bangalore, India, and Swindon, U.K.

Dynamatic Tech Share Price

12542.10 138.30 (1.11%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1733.25
KSB 873.90
Shakti Pumps (I) 549.90
Elgi Equipments 558.95
Kirloskar Pneumatic 1558.20
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