Paras Defence and Space Technologies has recently informed exchanges that the company bagged an order worth approximately INR 42.05 crores (plus taxes) from Opto Electronics Factory (OLF) for supplying 5 types of Electronic Control Sub-Systems used in Thermal Imaging Fire Control System (TIFCS). The order is likely to be executed within 24 months.
Key Contract Details:
- Awarding Entity: Opto Electronics Factory (OLF), a unit under India Optel Ltd., Ministry of Defence, Government of India, based in Dehradun.
- Order Scope: Supply five types of electronic control sub-systems for the TIFCS, tailored to meet the specifications required by OLF for the Indian Armed Forces.
- Contract Value: Approximately Rs. 42.05 crore, excluding taxes.
- Execution Timeline: The contract mandates completion within 24 months.
- Domestic or International: This is a domestic contract
TOPICS:
Paras Defence