Deals1 Sept 2025, 09:37 am
Axiscades' Subsidiary Secures Rs. 150 Crore Order from DRDO for Su-30MKI Upgrade
AI Summary
Axiscades Technologies Ltd's subsidiary, Mistral Solutions Private Limited, has been awarded a significant order from Combat Aircraft Systems Development & Integration Centre (CASDIC), DRDO, Ministry of Defence. The order, valued at Rs. 150 crores, is for the prototype development and subsequent production of an estimated 600 numbers of Su-30MKI upgrade. The development contract, worth around 3 Cr excluding GST, is for the design and development of 10 nos of Electronic Control Unit for cooling system for Su-30 MKI upgrade.
Key Highlights
- Awarded order for prototype development and subsequent production of Su-30MKI upgrade.
- Order valued at Rs. 150 crores over a period of 5 years.
- Development contract worth around 3 Cr excluding GST.
- 600 numbers of Su-30MKI upgrade forecasted in production.
- Order awarded by domestic entity Combat Aircraft Systems Development & Integration Centre (CASDIC), DRDO, Ministry of Defence.