Axiscades Arm Bags Rs 90 Crore Order From BEL For Radar Processing Systems

Bharat Electronics Ltd awards Rs 90 crore order to Axiscades for radar processing systems

PTI

Source: Axiscades website

Engineering solutions provider Axiscades on Monday said its arm has received an order worth Rs 90 crore from the state-owned Bharat Electronics Ltd. The order entails the design, development, and supply of eight radar processing systems for the Arudhra Medium Powered Radar, a project of Bharat Electronics Ltd., for the defence sector, Axiscades said in a statement.

Axiscades' subsidiary Mistral has secured a Rs 90 crore order from BEL for supply of radar processing systems. The systems will be delivered over a span of four years, it said.

Arun Krishnamurthi, the CEO and MD of Axiscades Technologies, said, "We are working to actively support indigenous defence projects, and this order is a significant step in our commitment to deliver advanced technological solutions to enhance India's defence capabilities." Bengaluru-based Axiscades is a leading end-to-end technology and engineering solutions provider.

Also Read: Axiscades Shares Hit Record High After Launch Of Rs 500-Crore QIP

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