Thyssenkrupp Aerospace, the customized global supply chain solutions for the aerospace industry and Dynamatic Technologies Limited (DTL), an Indian company involved in precision engineering are reinforcing their partnership, which commenced in 2006, with an expanded framework agreement.
In the next five years phase, this incorporates the supply of aluminium sheet and plate for the Boeing P-8 maritime patrol aircraft, the Bell 407 single-engine helicopter and related rotorcraft programmes.
The international manufacturer based in India produces high-tech components for the automotive and aviation industries and is a Tier 1 supplier to Airbus, Boeing and Bell.
As of today, ThyssenKrupp Aerospace India has already been providing supply chain management services for DTL as a 3PL partner. These include just-in-time deliveries of finished aircraft components for the construction of the Airbus A330 flap track.
Gopi Hanumanthappa, CEO, ThyssenKrupp Aerospace India, said: “The new umbrella contract helps to strengthen our mutual expertise and use it to benefit our customers. Both DTL and ThyssenKrupp Aerospace is strategically aligned for value-added supply chain solutions across businesses and are focused on optimising supply chains in their cooperation with customers and partners.”
The vital advantage is their geographical nearness, as both companies are based in Bangalore, the centre of India’s high-tech industry.
Udayant Malhoutra, CEO & Managing Director, Dynamatic Technologies Limited, also believes in the opportunities that will arise through even closer cooperation: “The umbrella agreement is designed to manage the entire raw material supply chain ecosystem with just-in-time deliveries and other services. This supports our strategy of creating value-added supply chain solutions and lays the foundation for the success of our core business.”
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