DCX Systems has secured domestic and export purchase orders from its customers worth Rs 24.51 crore. The orders are for manufacture and supply of Cable and Wire Harness Assemblies. The domestic orders are from Bharat Electronics, Alpha-Elsec Defence & Aerospace Systems and India Optel, while export orders are from Rafael Advanced Defence Systems and Elbit Systems.
Earlier, the company had secured export purchase order worth $5,64,95,983.35 (Equivalent to about Rs 483 crore at exchange rate of $1 = Rs 85.50) from ELTA Systems, Israel.
DCX Systems is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in Fiscal 2022 in the defence and aerospace sector.