Euro Asia Exports Ltd Signs LOI with CYGR for Drone Command Modules Manufacturing Contract Worth USD 20-30 Million

Euro Asia Exports Ltd, an Indian manufacturing facility operated under strategic partner RRP Defense Ltd, has signed a Letter of Intent (LOI) with CYGR, a leading global developer of tactical unmanned aerial systems and command architecture platforms. The LOI expresses CYGR's intent to allocate the production, assembly, and testing of their proprietary Drone Command Modules (DCMs) and related mission management units to the Indian facility. The manufacturing contract for exports to existing clients of CYGR is estimated to be in the range of USD 20-30 million, covering the production of approximately 800-1000 units of command and control equipment. This strategic engagement aims to strengthen bilateral industrial cooperation, enhance supply chain resilience, and support the Make in India - Secure by Design strategic defence manufacturing ecosystem, aligning with India's technological and defence self-reliance vision under the Atmanirbhar Bharat initiative.