Wednesday, June 10, 2026

Astra Rafael Comsys Bags ₹ 275.27 Crore Order from Indian Air Force

Date:

Astra Rafael Comsys Private Limited, the joint venture between Astra Microwave Products and Rafael Advanced Defense Systems Ltd, Israel, has secured an order worth ₹275.27 crore (including taxes) from the Indian Air Force (IAF) for integration and installation of software in aircraft.The order covers the integration of software defined radio (SDR) on MiG-29 aircraft, installation of network centric application (NCO) on MiG-29s, and procurement of 24 SDRs for the light combat aircraft (LCA) Mk-1A. The contract, awarded by the domestic defence entity, is slated for execution within 12 months.
Astra Microwave Products clarified that the order is not a related party transaction, and neither promoters nor promoter groups have any interest in the IAF. The company will receive a portion of the business through its joint venture.
This contract marks a significant boost for Astra Rafael Comsys, reflecting growing domestic defence collaborations in software-defined and network-centric applications for Indian military aircraft. The move is expected to strengthen the company’s portfolio in aerospace and defence electronics, particularly in avionics integration and mission-critical communication systems.Also read: Astra Microwave Products JV wins ₹286 crore defence order for IAF Special Forces

Astra Microwave Products Limited shares rose to ₹1,005.20 on the NSE as of 8 January, up ₹17.50 or 1.77%.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

JPMorgan warns of USD revenue estimate cuts for Indian IT in Q1; check its top picks

Indian IT stocks are expected to remain in focus...

US home sales surge to the fastest pace this year despite rising mortgage rates and prices

Sales of previously occupied US homes accelerated last month...

Emerging Assets Stage Rebound as Dollar Weakens Ahead of CPI

(ब्लूमबर्ग) - उभरते बाजार की संपत्तियों में मंगलवार को...

SpaceX tells banks it won’t move its $135-a-share IPO price

SpaceX told banks in its $75 billion initial public...