
Deals30 Apr 2026, 01:07 pm
Paras Defence Bags ₹7.72 Cr DRDO Order for Satellite Antennas
AI Summary
Paras Defence and Space Technologies Limited (PARAS) has secured an order from the DRDO, Ministry of Defence, valued at approximately ₹7.72 Crore (including taxes). The contract is for the development of Ku/C-Band Satellite Communication Phased Array Antennas for airborne applications. This domestic order is slated for completion on or before April 29, 2028. The company confirmed that there is no promoter or related party interest in the awarding entity, reinforcing its position in critical defense technology development.
Key Highlights
- Paras Defence secured a ₹7.72 Cr order from DRDO.
- Contract is for Ku/C-Band satellite antennas development.
- Project completion is set for April 29, 2028.
- This is a domestic defense sector contract.
Price Impact
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