Paras Defence wins contract from IRDE
Paras Defence and Space Technologies Limited (Paras) has secured a significant contract from the Instrument Research & Development Establishment (IRDE), a part of the Indian Ministry of Defence’s Defense Research and Development Organization (DRDO). The contract, awarded on June 15, 2023, pertains to the Realization of Optronic Periscopes for the Indian Coast Guard.
Under this agreement, Paras will be responsible for the development and production of Optronic Periscopes, which includes providing installation support. The total value of the contract is approximately 53 Crores, excluding applicable taxes.
This contract win highlights Paras’ expertise in the defense and space technology sector and reinforces their position as a reliable partner for the Indian government. The Optronic Periscopes will play a crucial role in enhancing the surveillance capabilities of the Indian Coast Guard, ensuring heightened situational awareness and improved operational efficiency.
With this prestigious contract, Paras is poised to further strengthen its foothold in the defense industry and contribute to the advancement of India’s defense capabilities. The company’s commitment to delivering high-quality solutions and its track record of successful project execution have been instrumental in securing this significant opportunity.
About Paras Defence:
Paras Defence and Space Technologies Limited specializes in the design, development, manufacturing, testing, and commissioning of a wide range of products, systems, and solutions tailored for defense and space applications. The company is dedicated to delivering cutting-edge technologies that meet the stringent requirements of these industries.
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