AXISCADES Technologies Secures ₹ 6.9 Crore Order for Mobile Mast System from DRDO
Bengaluru, India - AXISCADES Technologies Limited announced on May 27, 2026, that its wholly owned subsidiary, AXISCADES Aerospace & Technologies Private Limited, has won a significant order. The contract was secured from the Research & Development Establishment (Engineers), Pune, a premier laboratory operating under the Defence Research and Development Organisation (DRDO), Ministry of Defence.The order pertains to the manufacturing and supply of a Mobile Mast System. AXISCADES emerged as the winner after participating in a competitive tendering process conducted by the customer, reinforcing the company's engineering, manufacturing, and integration capabilities in indigenous defense systems.
The total value of the contract is ₹ 6.9 crore. This comprehensive order covers the manufacturing, integration, qualification testing, necessary documentation, and final delivery of one Mobile Mast System. Should the project be completed successfully, the mobile mast is slated for deployment in prestigious Air Defence systems across the country.
The selection highlights AXISCADES' ability to integrate multi-disciplinary elements into a single, mission-ready platform, further solidifying the company's role as an indigenous engineering and manufacturing partner under the Atmanirbhar Bharat initiative.
Commenting on the prestigious achievement, Mr. D. Murali Krishnan, Chief Operating Officer of AXISCADES Technologies Limited, stated that the selection by DRDO's R&DE (Engineers), Pune, through a competitive process, reinforces the confidence in AXISCADES' ability to deliver complex indigenous defense systems. Mr. Krishnan added that as India accelerates its path toward selfreliance in defense, the company remains focused on building deeper capability across the defense value chain, positioning itself as an engineering and manufacturing partner committed to program outcomes. He noted that this win is another step in the long-term strategy of developing a stronger, India-led aerospace and defense manufacturing platform.
AXISCADES Stock Price Movement
Shares of AXISCADES Technologies Limited on Tuesday slipped by 5.00% to settle at ₹1952.1. The stock saw 211,336 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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