Monday, September 21, 2026

Paras Defence subsidiary bags ₹22 crore French order for indigenous anti-drone system

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In a significant endorsement of India’s growing defence technology capabilities, Paras Anti-Drone Technologies Pvt Ltd, a unit of Paras Defence and Space Technologies Ltd (PARAS), has landed an international order for its next-generation drone countermeasure system, CHIMERA 200. French anti-drone major Cerbair has issued a Letter of Intent (LoI) to purchase 30 units of the system, with a contract value of approximately €2.2 million (₹22.21 crore).The CHIMERA 200, developed by the Indian subsidiary, is a sophisticated anti-jamming solution designed to neutralise hostile drones by disrupting their communication and control signals—an increasingly critical capability in the era of asymmetric threats and aerial intrusions.

Also Read: Bonus, Dividend, Stock Split Alert: M&M, Paras Defence, CONCOR to see record dates this week
In a regulatory filing to the Bombay Stock Exchange (BSE), Paras Defence stated: “Cerbair, France… has acknowledged the swift progress of Paras Anti-Drone… in the development of CHIMERA 200 Project involving drone anti-jamming technology and has hence issued a Letter of Intent with a requirement to purchase 30 units… valued at approximately €2.2 million (₹22.21 crore).”Cerbair’s intent to procure CHIMERA units underscores the global interest in India’s homegrown counter-drone technology, particularly as drone threats continue to evolve across military, homeland security, and critical infrastructure sectors.

Paras Defence, the parent firm, is engaged in the design, development, manufacturing, and testing of a wide array of advanced defence and space engineering systems.

Shares of Paras Defence and Space Technologies Ltd ended at 1,629.00, up by ₹27.55, or 1.72%, on the BSE.

Also Read: Cabinet approves nearly ₹1 lakh crore for Employment Linked Incentive Scheme

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