RRP Defense Limited has secured a 64.31 crore rupee purchase order from Bharat Electronics Limited to manufacture and supply 16,035 units of the Vardhana X6: Day Scope. The contract features a full Transfer of Technology from Israel's Meprolight, with structured lot deliveries running through December 2027.
MUMBAI — RRP Defense Limited announced on Friday, July 3, 2026, that it has secured a substantial domestic purchase order from Bharat Electronics Limited (BEL) valued at INR 64,31,00,000.05, inclusive of statutory goods and services tax (GST). Awarded by the Machilipatnam Unit of the state-run defense public sector undertaking (PSU), the contract outlines the high-volume production and supply of military-grade day scopes along with their integrated electronic sub-components. This long-term industrial procurement underscores the accelerated push toward domestic defense manufacturing and localized supply-chain sovereignty.
Technical Specifications and Transfer of Technology
According to the official regulatory statement submitted to the stock exchanges by the company, the order encompasses the total delivery of 16,035 units of the Vardhana X6: Day Scope and its auxiliary installation components.
The Vardhana X6 is a highly specialized combat optical sight engineered to provide precise targeting accuracy for modern infantry and automated defense weapon systems.
Crucially for India's domestic defense capabilities, this procurement represents the inaugural instance under the federal government's 100% Indigenous Mandate where a complete Transfer of Technology (ToT) has been locked in. RRP Defense Limited has successfully secured licensed manufacturing and assembly rights from Meprolight, Israel, along with absolute market exclusivity for the Indian region.
This milestone enables the domestic firm to construct, service, and calibrate advanced optoelectronic systems locally, reducing reliance on long-term foreign component replacement pipelines.
Three-Tier Delivery Schedule and Execution Phasing
To maintain consistent factory output and meet the ongoing equipment updates of the armed forces, the central defense PSU has authorized a structured, three-tier delivery timeline. The contract explicitly dictates the following delivery blocks:
Lot 1: Delivery of 9,275 units must be successfully fulfilled within seven months from the formal release date of the purchase order.
Lot 2: An additional batch of 4,500 units is scheduled for final physical verification and deployment by June 27, 2027.
Lot 3: The remaining balance of 2,260 units is bound to be handed over to the state depository by December 27, 2027.
The contract parameters allow RRP Defense Limited to stagger individual shipping batches, provided that each incremental delivery meets a minimum lot threshold of 1,000 active units. This flexibility helps the company optimize its raw material pipelines and stabilize internal assembly line logistics over the multi-year cycle.
Impact on the Indian Defense Sector and Institutional Investors
For individual defense personnel, the deployment of locally engineered Vardhana X6 day scopes provides access to highly reliable combat optical accessories that are tailored to demanding operational environments. Local manufacturing facilities also ensure that maintenance down-times are significantly lowered compared to previous import setups.
From an equity market perspective, the financial volume of the contract fundamentally enhances the core order book of RRP Defense Limited, which previously operated under the corporate identity of Euro Asia Exports Limited.
The firm verified to the BSE Limited that the newly signed contract is completely free of related-party transactions. Furthermore, no corporate promoter or internal management group holds any financial interest in the awarding state enterprise, confirming full compliance with transparency standard SEBI Master Circulars.
Official Sources Section
All specific pricing models, unit delivery timelines, and technology partnerships referenced in this publication have been sourced from the regulatory disclosures filed under Regulation 30 of the SEBI Listing Regulations by RRP Defense Limited with BSE Limited on July 3, 2026.
Quote Section
"According to officials from the company's executive committee, the execution of the Vardhana X6 contract establishes an important precedent for private defense manufacturers in India, proving that local firms can absorb sophisticated foreign technology to meet the precise quality criteria of top-tier state defense enterprises."
Why It Matters
The absolute transfer of manufacturing technology from an international optics developer like Israel's Meprolight to an Indian firm builds key regional production capabilities. By keeping a 64.31 crore rupee defense allocation entirely within the country's industrial zones, the initiative supports the expansion of localized skilled labor and provides a blueprint for future high-tech sovereign military procurements.
Key Facts at a Glance
Total Transaction Size: The primary purchase contract holds an absolute valuation of INR 64,31,00,000.05, including all statutory GST layers.
Procurement Volume: RRP Defense is scheduled to supply 16,035 units of the specialized Vardhana X6: Day Scope and components.
Sovereignty Mandate: This project is the first under the 100% Indigenous Mandate featuring exclusive, licensed Transfer of Technology from Meprolight, Israel.
Delivery Boundaries: Staggered shipments run across three distinct lots, concluding on December 27, 2027, with a minimum lot threshold of 1,000 units.
FAQ Section
1. What makes the Vardhana X6 order significant for India's self-reliance program?
It represents the first time that full, licensed manufacturing and assembly technology for this category of day scope has been transferred from a foreign developer to an independent Indian company with regional exclusivity.
2. Can RRP Defense speed up shipments ahead of the specified deadlines?
Yes, the agreement allows for staggered deliveries throughout the production lifecycle, as long as each separate shipment satisfies the minimum batch size of 1,000 units.
3. Which government entity awarded this manufacturing contract?
The purchase order was formally issued by the Machilipatnam Unit of Bharat Electronics Limited (BEL), a prominent Government of India Enterprise under the Ministry of Defence.
Source: BSE Limited, Bharat Electronics Limited (BEL), Corporate Disclosures of RRP Defense Limited
