"This contract is another demonstration of our commitment to partnering with India's aerospace industry to bring the best local talent and technologies to Boeing and in turn to our customers," said Boeing India President Pratyush Kumar in a statement.
Dynamatic Technologies, which has manufacturing facilities in India, the UK and Germany, specialises in development of airframe structures and precision aerospace components which it has been supplying to Boeing since 2010.
"This order gives us the opportunity to be involved in Boeing's global supply chain at a whole new level," Udayant Malhoutra, CEO and Managing Director, Dynamatic Technologies Limited said in a statement.
Chinook is a multi-mission, heavy lift transport helicopter.