Axiscades secures ₹600 crore defence orders for indigenous platforms
Engineering solutions provider Axiscades on Wednesday said it has bagged new orders worth ₹600 crore in the defence sector.
In a statement, Axiscades said that these orders involve the development and supply of advanced sub-systems for “some of the most sophisticated indigenous platforms” being developed by leading defence agencies like the DRDO and Defence PSUs.
The cumulative value of these orders is approximately ₹600 crore.
In June, Axiscades Aerospace and Technologies, a subsidiary of Axiscades, had signed an agreement with the major European missile systems company MBDA to establish a defence facility in Karnataka.
The company had stated, “The facility will be equipped with test bench laboratories, infrastructure for missile launchers, specialized equipment, and trained technical personnel to support MBDA’s advanced systems engineering requirements.”
Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions provider, catering to sectors like energy, heavy engineering, aerospace, defence, and automotive, among others.
The company said that these orders will be executed over the next 3 to 5 years through Axiscades’ subsidiaries operating in the defence space.
The company’s Chief Technical Officer (CTO), C Manikandan, said, “Our partnerships on these critical programs reflect our core strength in high-performance radar, sonar, and signal processing electronics. We are contributing to indigenous platforms that will define the future of India’s Defence preparedness.
