Deals30 Oct 2024, 02:35 pm
Paras Defence Secures Rs. 42.05 Crore Order from Opto Electronics Factory
AI Summary
Paras Defence and Space Technologies Ltd has received an order from Opto Electronics Factory (OLF), a unit of India Optel Ltd., Govt. of India Enterprise, Ministry of Defence, Dehradun, valued at approximately Rs. 42.05 Crores (plus taxes) for supply of 5 types of Electronic Control Sub-Systems used in Thermal Imaging Fire Control System (TIFCS) delivered by OLF to Indian Armed Forces. The order is to be executed within 24 months.
Key Highlights
- Order valued at approximately Rs. 42.05 Crores (plus taxes)
- From Opto Electronics Factory (OLF), a unit of India Optel Ltd., Govt. of India Enterprise, Ministry of Defence, Dehradun
- For supply of 5 types of Electronic Control Sub-Systems used in Thermal Imaging Fire Control System (TIFCS)
- Delivered by OLF to Indian Armed Forces
- To be executed within 24 months