Core Announcement – Order Details
Awarding Entity: Defence Research and Development Organisation (DRDO), Ministry of Defence
Domestic/International Order: Domestic
Nature of Order/Contract:
The Company will be the Lead System Integrator and will provide the complete design, analysis, fabrication, manufacturing and assembly of the Optics and Opto-Mechanical Unit for a Hyperspectral Mission. The complete payload shall qualify as a Space-Borne System with potential utilization for Earth Observation.
Order Value:
Approximately ₹26.59 crore (including taxes)
Materiality Context:
Not Specified
Execution Timeline:
The delivery date is on or before September 27, 2027.
Revenue Recognition / Billing Structure:
Not Specified
Key Terms & Payment Milestones:
Performance Security Amount: ₹79,76,427
Whether Related Party Transaction:
No
Promoter Group Involvement:
No
Financial Implication:
Not Specified