Astra Wins Rs 1.35 Billion Radar Deal From DRDO

07 Aug 2025 CW Team

Astra Microwave Products rose 2.30 per cent to Rs 971 after securing a defence order worth Rs 1.35 billion from the Defence Research and Development Organisation (DRDO) for upgrading a ground-based radar system.

The contract is set to be executed over 18 months. The company confirmed that neither its promoters nor related group entities have any involvement with the awarding organisation, and the transaction does not qualify as a related party deal, thus not requiring an arm’s length assessment.

Astra Microwave specialises in the design, development, and manufacture of high-value RF and microwave super components, subsystems, and systems for defence, space, telecommunications, meteorology, and civil communication sectors.

In its financial results for Q4 FY25, Astra Microwave reported a consolidated net profit of Rs 734.9 million, marking a 35.1 per cent increase over the same quarter last year. Revenue from operations rose 15.2 per cent year-on-year to Rs 4.08 billion.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..