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Cyient DLM Secures Boeing Contract for 787 Dreamliner Battery Diode Module

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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.

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