Angelnews India

India :

  • Paras Defence and Space Technologies Limited (“Paras”) has secured the contract from the Instrument Research & Development Establishment (IRDE), Government of India, Ministry of Defence, DRDO, dated January 30, 2024, for the design, optimization, fabrication, and qualification of optical periscopes for ICS for submarine application.
  • The timeframe for executing the order : Full delivery is expected by the end of Fiscal Year 2025.
  • Size of Order : The contract encompasses the design, optimization, fabrication, and qualification of Optical Periscopes, with an approximate value of 53 Crores (excluding applicable taxes).
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