DCX Systems Secures 15-Year Industrial License for High-Security Defence Manufacturing

DCX Systems Ltd has received a major boost with its wholly owned subsidiary, Raneal Advanced Systems Pvt Ltd, being granted a 15-year industrial license to manufacture high-security defence equipment. The license, issued by the Cochin Special Economic Zone (CSEZ) and the Ministry of Commerce & Industry, allows the company to produce microwave submodules for missile guidance, avionics, radar systems, and electronic warfare (EW) systems—all classified under Category-A of the Ministry of Defence’s security manual.

 

The license will enable DCX to deepen its footprint in India’s growing defence electronics sector, with manufacturing operations based in Bengaluru. The announcement triggered a 5% upper circuit in DCX’s stock, closing at ₹346.90. This follows a recent ₹154.8 crore export order from Israel’s ELTA Systems for RF electronic modules, further cementing DCX’s global credibility.

 

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Source: Moneycontrol – DCX Systems Gets Defence License | Angel One – DCX Bags $18.5M Order & License | The Hindu BusinessLine – Raneal Granted License