AXISCADES Technologies Limited — New Orders, 31-07-2025: Bagging/Receiving of orders/contracts
31-07-2025 | 07:46 am
31-07-2025 | 07:46 am
AXISCADES' subsidiary Mistral Solutions secured significant defense orders from LRDE (DRDO) & BEL. The total potential value from these contracts exceeds ₹717 Cr. Orders include development and production of advanced units for Airborne (Su-30 MKI Radar), Naval (SONAR subsystems), and Radar-based platforms (LRBMR, surveillance radar). Design & development phases are typically 12-18 months, with subsequent production orders spanning 2-5 years. This provides strong long-term revenue visibility in India's growing defense sector.
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