AXISCADES Technologies Limited has informed the Exchange regarding a press release dated July 29, 2025, titled "AXISCADES Secures Strategic Defence Electronics Orders Across Airborne, Naval, and Radar Programs".
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AXISCADES Technologies has won new defence electronics orders worth approximately ₹600 crore through its defence subsidiaries. The orders cover advanced sub-systems for airborne (Su-30 MKI upgrade), naval (torpedo and sonar), and radar platforms, to be supplied to premier Indian defence agencies like DRDO labs and Defence PSUs. Key wins include the VIRUPAKSHA AESA radar for Su-30 MKI, TR modules for S-Band surveillance radars, components for the LRBMR-KUSHA long-range radar (500+ km range), the Electric Heavy Weight Torpedo homing receiver, and submarine sonar sub-systems. The orders will be executed over the next 3 to 5 years, providing a steady revenue stream across development, prototyping, and production phases. The company also highlighted its growing role in India's indigenous defence and self-reliance (Atmanirbhar Bharat) initiatives.
This is a meaningful order win that strengthens AXISCADES's order book and revenue visibility for the next 3-5 years, and reinforces its positioning as a key domestic player in India's defence modernization push. Likely to be viewed positively by the market given the strategic nature of the platforms involved.