Astra Microwave Products Limited — Important, 13-12-2024: General Updates

Astra Rafael Comsys Private Limited, a joint venture of Astra Microwave Products, has secured an order worth Rs. 255.88 crores from the Ministry of Defence. This contract involves supplying 93 additional sets of Software Defined Radios (SDR) LRUs, which include A kits, SBC 2 cards, and Network Centric Operations applications for the Su-30 MKI fighter aircraft used by the Indian Air Force. The order is to be executed within 24 months. This development highlights Astra's robust position in the defence sector and reflects a positive outlook for future revenues from this partnership. Investors should watch closely for further performance updates as this order progresses.