Paras Defence and Space Technologies has won an order from IRDE DRDO, Ministry of Defence, Government of India.
The contract is for the supply of two optronic periscopes for submarine applications, valued at approx. Rs 71.68 crore, including GST. The delivery timeline for this order is set for completion is between August and September 2026.
This order strengthens Paras Defence's position, demonstrating its growing capabilities in providing advanced technological solutions for India's defence needs. With this contract, the company is set to contribute significantly to enhancing the operational capabilities.