STOCKWATCH
·
IT Enabled Services
Deals27 May 2024, 03:34 pm

AXISCADES' Subsidiary Mistral Secures Rs.90 Crore Order from BEL for Supply of Radar Processing Systems

AI Summary

AXISCADES Technologies Ltd's subsidiary Mistral Solutions has secured a large order from Bharat Electronics Limited (BEL) for design, development, and supply of eight Radar Processing Systems for the Arudhra Medium Powered Radar (MPR). The order is worth Rs.90 Crore and will be delivered over a span of four years. This order is a result of the long-standing effort by DRDO since 2012 to design and build an indigenous Radar. The RADAR Processing systems are built for the Arudhra Medium Powered Radar (MPR) capable of automatic detection and tracking of aerial targets ranging from slow-moving targets to combat aircraft. This project will further boost AXISCADES’ role as a key player in the Indian defense technology ecosystem and contribute to the nation's security through technological innovation and excellence.

Key Highlights

  • AXISCADES' subsidiary Mistral Solutions secures a Rs.90 Crore order from BEL for supply of Radar Processing Systems.
  • The order is for design, development, and supply of eight Radar Processing Systems for the Arudhra Medium Powered Radar (MPR).
  • The systems will be delivered over a span of four years and are capable of automatic detection and tracking of aerial targets.
  • This order is a result of the long-standing effort by DRDO since 2012 to design and build an indigenous Radar.
  • This project will further boost AXISCADES’ role as a key player in the Indian defense technology ecosystem.
AXISCADES
IT Enabled Services
Axiscades Technologies Ltd

Price Impact