Paras Defence And Space Technologies Limited has informed the Exchange that the Company has received an international order from Elbit Security Systems Limited, Israel valued at approximately 3.8 million USD (Rs. 34 crs) for Electro-Optics.
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Paras Defence has won an export order worth approximately 3.8 million USD (around Rs. 34 crores) from Israel's Elbit Security Systems Limited for the supply of Electro-Optics. The order is purely international with no related-party involvement. Execution is scheduled over a roughly 10-month period from February 2026 to November 2026. This adds to the company's order book in the defence electro-optics segment, an area where it has been building capabilities. The order is from a well-known global defence electronics player, which lends credibility to the contract.
Positive for the stock — it strengthens the export order book, brings in hard-currency revenue, and signals trust from a major global defence player, though the order size is modest relative to overall operations.