Controp-Paras Technologies Private Limited, an associate company of Paras Defence and Space Technologies Limited, has secured an order from Larsen and Toubro Limited (“L&T”) valued at around Rs. 305 Crores (excluding taxes).
This order includes the manufacturing and supply of 244 units of the Sight – 25HD EO (Electro-Optics) System, as well as extended warranty charges and an Integrated Logistics Support (“ILS”) package for their CIWS program.
The order should be executed within 47 months