Dynamatic Technologies Ltd (DTL) shares rallied more than 9% on Monday, December 8, after the company signed an agreement with Dassault Aviation to manufacture and assemble the rear fuselage of a business jet.

In a filing to the stock exchanges, the engineered products manufacturer announced that it has entered into a strategic agreement with the French aerospace company Dassault Aviation to build and assemble the complete rear fuselage of Dassault’s latest business jet, the Falcon 6X.

The said milestone comes after Dynamatic Technologies’ successful industrialisation of the rear fuel tank, which is now in full commercial production with units delivered to Dassault Aviation.

The two companies first collaborated in January 2024, when DTL started to produce flight-critical aero structures

See Full Page