Astra Microwave Products Ltd secured a ₹124 billion order from a leading defence PSU for advanced radar subsystems and RF components. This contract underscores the company's growing role in India's defence indigenization, enhancing its order book and revenue visibility amid surging domestic demand.
Astra Microwave Products Ltd, a frontrunner in RF and microwave solutions, clinched a major ₹1.24 billion order from a premier defence public sector undertaking. The deal targets critical radar subsystems, solidifying Astra's position in high-margin defence electronics.
Order Essentials
Value: ₹124 crore, focused on radar transmitters, receivers, and integrated RF assemblies for strategic platforms.
Client: Top-tier defence PSU, aligning with 'Make in India' for self-reliance in aerospace and missile systems.
Timeline: Execution over 18-24 months, bolstering FY26 revenue pipeline.
This win elevates Astra's order book beyond ₹1,000 crore, fueled by defence capex hikes and export potential. Shares surged 5-7% post-announcement, reflecting investor optimism in the firm's tech edge amid geopolitical tensions.
Sources: BSE India, Moneycontrol, Economic Times