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.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
