Dynamatic Technologies, Israel Aerospace Industries (IAI), and Elcom Systems have entered into strategic cooperation, to jointly address the needs of the Indian UAV market, under the ‘Make in India’ initiative of the Indian Government. UAVs represent truly ‘disruptive technology’, which is going to exploit the advances made in information and communication sciences and have the potential to change our military’s ability to wage full spectrum warfare, without endangering troops on the front line.
This Strategic Agreement is an important milestone for the vision of Government of India, towards ‘Make in India’ initiative and modernisation of the Indian Military, thus, bringing together the world’s largest producer of Unmanned Systems and India's premier Aerospace and Defence Manufacturing Company, to produce the world’s most advanced Unmanned Aerial Systems in India. This will not only involve creating a state of the art UAV manufacturing facility in India but also creating a ‘high tech training centre’, which will create the requisite talent pool, for this growing industry.
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.
| Company Name | CMP |
|---|---|
| Kirloskar Brothers | 1764.10 |
| KSB | 966.60 |
| Shakti Pumps (I) | 573.95 |
| Elgi Equipments | 549.00 |
| Kirloskar Pneumatic | 1264.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: