Paras Defence and Space Technologies Limited, a prominent player in the defence and space sector, has been awarded a significant contract from the Ministry of Defence, Government of India.

This order, valued at approximately ₹61.43 crores (including taxes), is for the Upgrade of Optronic Periscope Sight with Accessories, including the ESM Warner, for the Indian Naval Submarine Application.

Key Details of the Contract

  • Awarding Entity: The contract was granted by the Instruments Research and Development Establishment (IRDE), Ministry of Defence, Government of India, based in Dehradun.
  • Order Description: The order involves upgrading the Optronic Periscope Sight with essential accessories, including an ESM (Electronic Support Measure) Warner.
  • Contract Value: ₹61.43 crores (inclusive of taxes).
  • Domestic Order: The order is awarded by a domestic entity
  • Execution Timeline: The project is to be executed within 12 months
TOPICS: Paras Defence