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Paras Defence and Space Technologies informs about award of order

20 Mar 2023 Evaluate

Paras Defence and Space Technologies has informed that the company has won the contract dtd. 18th March 2023 for Avionics Suite for Saras MK - 2 Aircraft from Council of Scientific & Industrial Research (CSIR) - National Aerospace Laboratories (NAL), Bengaluru of value totaling to Approx. 64 Cr. Deliveries for which are to be done in FY-24. Saras is the first Indian multi-purpose civilian aircraft in the light transport aircraft category as designed by the CSIR-NAL. Avionics Suite of Saras MK – 2 Aircraft is the complete glass cockpit of the aircraft, including all the equipment related to control, monitoring, communication, navigation, weather and anticollision systems along with Auto-Pilot System.

The above information is a part of company’s filings submitted to BSE.

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