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Aerospace & Defense
Deals28 Oct 2024, 10:41 pm

DCX Systems Ltd Subsidiary Receives $45.19 Million Export Orders from Lockheed Martin Global Inc, USA

AI Summary

DCX Systems Ltd announced that its Wholly Owned Subsidiary, Raneal Advanced Systems Private Limited, has received export orders from Lockheed Martin Global Inc, USA for USS$ 45,199,440.00 (Equivalent to about INR 379.67 Crores at exchange rate of 1 USD = INR 84). The order is for the supply of Electronic Assemblies and is to be executed within 12 months. This announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • DCX Systems Ltd subsidiary received export orders worth USS$ 45,199,440.00 from Lockheed Martin Global Inc, USA.
  • The order is for the supply of Electronic Assemblies and is to be executed within 12 months.
  • The equivalent value of the order in INR is approximately 379.67 Crores.
  • The order was received by the subsidiary, Raneal Advanced Systems Private Limited.
  • The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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