STOCKWATCH
·
Aerospace & Defense
Business Update30 Jan 2024, 11:12 pm

IRDE and Paras Defence Sign Licensing Agreement for Remote Control Border Defence System

AI Summary

Instrument Research & Development Establishment (IRDE) and Paras Defence and Space Technologies Limited (Paras Defence) have entered into a Licensing Agreement for Transfer of Technology (LAToT) for the Remote Control Border Defence System named as Weaponisation of Hand Held Thermal Imager with Laser Range Finder (WHHTI).,

Key Highlights

  • IRDE and Paras Defence sign licensing agreement for Remote Control Border Defence System
  • Weaponisation of Hand Held Thermal Imager with Laser Range Finder (WHHTI) is a remotely controlled weapon station
  • Paras Defence will be able to manufacture and sell WHHTI in India to Indian Armed Forces/MoD/Govt. of India/Para Military Forces
PARAS
Aerospace & Defense
Paras Defence and Space Technologies Ltd

Price Impact