Shares of Cyient DLM surged over 3% after the company signed a production contract with Boeing Global Services (BGS) for precision-machined parts and assemblies. This deal reinforces Cyient DLM’s growing footprint in the aerospace and defense sector.
The contract highlights Cyient DLM’s expertise in high-precision components, strengthening its position as a trusted aerospace manufacturer. Anthony Montalbano, CEO of Cyient DLM, emphasized the significance of this achievement, stating, “This contract with Boeing demonstrates our advanced manufacturing capabilities and commitment to excellence.”
With over 30 years of experience, Cyient DLM specializes in prototypes, small-batch production, box builds, sub-assemblies, and precision machining. The company holds AS9100C certification and was the first in India to earn NADCAP certification for Circuit Card Assembly (CCA).
Additionally, Cyient DLM leverages additive manufacturing (3D printing) for proof-of-concept designs, design verification, and functional testing, ensuring cutting-edge innovation in aerospace and defense manufacturing.
Cyient DLM shares opened at ₹430, reaching a high of ₹442.80 and a low of ₹421. Currently, the stock is nearing its 52-week low of ₹413.85, significantly below its peak of ₹883.80.
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