Deals23 Sept 2024, 06:28 pm
MTAR Technologies Secures Rs. 15.4 Crores Order from Defence Research & Development Laboratory
AI Summary
MTAR Technologies Limited has received an order worth Rs. 15.4 Crores from Defence Research & Development Laboratory for the supply of full-scale and sub-scale combustors. The contract, which is to be executed by September 2025, is for the development of cutting-edge air-breathing engine technology for defence programs. This order strengthens MTAR's capabilities in the supply of systems for future generation engines related to various Defence programs.
Key Highlights
- Order worth Rs. 15.4 Crores from Defence Research & Development Laboratory
- For the supply of full-scale and sub-scale combustors
- To be executed by September 2025
- For the development of cutting-edge air-breathing engine technology for defence programs
- Strengthens MTAR's capabilities in the supply of systems for future generation engines related to various Defence programs