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Axiscades Technologies’ arm secures Rs 90 crore order from Bharat Electronics

27 May 2024 Evaluate

Axiscades Technologies’ subsidiary--Mistral Solutions has achieved a significant milestone by securing a large order from Bharat Electronics (BEL), a premier Aerospace and Defense electronics company in Bangalore owned by the Government of India. The order entails design, development, and supply of eight Radar Processing Systems for the Arudhra Medium Powered Radar (MPR). With a gross order value of Rs 90 crore, the systems will be delivered over a span of four years.

The MPR is an indigenous rotating active phased array multifunction 4D Radar capable of automatic detection and tracking of aerial targets ranging from slow-moving targets to combat aircraft. This order is a result of the long-standing effort by DRDO since 2012 to design and build an indigenous Radar, having subcontracted Mistral for the Design and Development of the RADAR Signal Processing system.

Axiscades Technologies is a holistic technology and engineering solutions provider, with a footprint across the entire product lifecycle management needs of global OEMs and core engineering firms.


Peers
Company Name CMP
Hindustan Aeronaut. 4697.70
Bharat Electronics 384.55
Aequs 261.45
Astra Microwave Prod 1579.50
Axiscades Tech. 1998.40
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