Archive · 3 Oct 2025
Paras Defence Subsidiary Receives Major Defense Orders
Paras Defence and Space Technologies, a company that makes defense equipment, has gotten two big orders.
One order, worth about 45 crore rupees, is from the Indian government to build systems that stop drones.
The other, worth about 34 crore rupees, is to provide Electro-Optics from an Israeli company called Elbit.
Both projects are expected to be finished by the end of 2026.
The company's shares have gone up a lot this year, showing that investors are happy with these new contracts.
These orders are a part of Paras Defence's business to help protect defense systems.
Paras Anti-Drone Technologies received a Rs 45.19 crore order for Anti-Drone Systems.
The order is from the Ministry of Defence.
The estimated completion date for the Anti-Drone Systems is March 2026.
Paras Defence also received a $3.8 million order from Elbit Security Systems, Israel.
Execution of the Elbit order is scheduled between February and November 2026.
- Who
- Paras Defence and Space Technologies and its subsidiary, Paras Anti-Drone Technologies.
- What
- Received orders for Anti-Drone Systems and Electro-Optics.
- When
- Orders to be executed by March and between February and November 2026.
- Where
- India (Ministry of Defence order) and Israel (Elbit order).
- Why
- To supply advanced defense technologies.
- Company
- Paras Defence and Space Technologies
- Subsidiary
- Paras Anti-Drone Technologies
- Order 1 Value
- Rs 45.19 crore
- Order 1 Recipient
- Ministry of Defence
- Order 1 Purpose
- Anti-Drone Systems
- Order 1 Timeline
- March 2026 (tentative)
- Order 2 Value
- $3.8 million (Rs 34 crore)
- Order 2 Recipient
- Elbit Security Systems, Israel
- Order 2 Purpose
- Electro-Optics
- Order 2 Timeline
- February - November 2026 (in phases)
- Share Price Increase
- 40.39% YTD