DCX Systems experienced a significant surge in its stock price, hitting the 5% upper circuit in morning trading.

This comes after its wholly-owned subsidiary, Raneal Advanced Systems Private Limited, bagged a lucrative export order worth US$ 45,199,440 (approximately INR 379.67 Crores) from Lockheed Martin Global Inc, USA.

Key Highlights of the Contract:

  • Awarding Entity: Lockheed Martin Global Inc, USA
  • Nature of Contract: Supply of Electronic Assemblies
  • Order Type: International
  • Execution Timeframe: Within 12 months
  • Total Value: US$ 45,199,440 (INR 379.67 Crores)

 

TOPICS: DCX Systems