Centum Electronics bags Rs 29.4 cr defence order from GRSE for naval systems
CENTUM · price
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Centum Electronics has won a Rs 29.40 crore order from Garden Reach Shipbuilders and Engineers (GRSE), a government-owned defence shipyard, to supply Advanced Naval Navigation Systems for frontline Indian Navy warships. The order follows an MoU signed in October 2025 and is to be executed by February 2028. The win adds a new system to Centum's defence portfolio, expanding its presence in the maritime defence segment.
Positive for revenue visibility; strengthens Centum's foothold in the naval defence domain and adds a new product line.