Notification
No new Notification messages
Hyundai Motor India IPO is Open!
Apply for the Hyundai Motor India IPO through UPI in just minutes
HCL Technologies Q2 Results FY'25
HCL Tech announced its Q2 FY'25 results, revenue jumped by 8.2% YoY at ₹28,862 crores, and Net Income stood at ₹4,235 crores up 10.5% YoY.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.
Trade Now, Pay Later with up to 4x Leverage
Never miss a good trading opportunity due to low funds with our MTF feature.

Cyient DLM Secures Boeing Contract for 787 Dreamliner Battery Diode Module

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Synopsis:

Cyient DLM wins a contract from Boeing to manufacture the 787 Dreamliner's battery diode module. This contract highlights Cyient DLM's aerospace expertise, supported by AS9100C and NADCAP certifications.

Cyient DLM News Today

Cyient DLM, a design-led manufacturing player and part of the Hyderabad-based Cyient group, has secured a significant contract from US aviation giant Boeing. The contract involves manufacturing the battery diode module (BDM) for Boeing's 787 Dreamliner, marking a milestone in Cyient DLM's expansion into aerospace electronics.

First Boeing Contract

This contract is the first project awarded by Boeing to Cyient DLM, focusing on the production of power electronics and providing design and certification support for commercial aeroplanes.

This collaboration highlights Cyient DLM's capabilities in delivering build-to-specification products for global aerospace original equipment manufacturers (OEMs).

Strategic Milestone

Anthony Montalbano, CEO of Cyient DLM, emphasised the importance of this contract in showcasing the company's strengths in design and certification. "Cyient DLM is uniquely positioned to offer complete design, development, qualification, certification, and production support to global aerospace OEMs," Montalbano said.

Certifications and Capabilities

Cyient DLM is among the first AS9100C aerospace-certified electronic manufacturing facilities. It is also the first company in India to achieve the National Aerospace and Defense Contractors Accreditation Program (NADCAP) certification for circuit card assembly (CCA).

These certifications underline Cyient DLM's high standards and capabilities in aerospace manufacturing, positioning it as a reliable partner for aerospace giants like Boeing.

Broader Impact and Performance

This contract with Boeing not only enhances Cyient DLM's portfolio in aerospace embedded systems but also solidifies its position in the global aerospace supply chain. The company's expertise and certified facilities make it a competitive player in the industry.

On the financial front, Cyient DLM's share price has highlighted strong performance. On Monday, the company's stock closed at ₹818 on the NSE, reflecting an increase of ₹42.05 or 5.42%. Over the past year, Cyient DLM's stock has delivered a return of 58.59%, indicating robust investor confidence.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs + Users

icon-with-text

4.8+ App Rating

icon-with-text

4 Languages

icon-with-text

₹5000+ Cr MTF Book

icon-with-text