CENTUM NSE filing

Centum Electronics bags ₹66 Cr order from HAL for AESA Radar System

The RealCase readHigh impact Positive

Centum Electronics secured an order from HAL for AESA Radar System design and development for the UH-M program. Phase-1 is valued at ₹66 crore (gross ₹78 crore) over two financial years. Phase-2 is indicative at ~₹500 crore (gross ~₹590 crore) over five years.

Why it matters

The order involves a substantial value, including a significant indicative value for the second phase, and pertains to a critical defense application, which is expected to have a considerable impact on the company's revenue and strategic positioning.

The market read

The company has secured a significant order from a major defense entity, indicating business growth and technological advancement.

Centum Electronics Limited has received an order from Hindustan Aeronautics Limited (HAL) for the design and development of the Active Electronically Scanned Array (AESA) Radar System for the Utility Helicopter – Maritime (UH-M) programme. This order aligns with the company's focus on high-reliability electronics and system-level solutions for defence and aerospace applications.

The current order pertains to Phase-1, covering the design and development of AESA radar systems, which will be delivered over the next two financial years. The Phase-1 purchase order value is ₹66 crore, with a gross value of ₹78 crore inclusive of GST.

Upon successful execution of Phase-1, the program is expected to move to Phase-2, which includes the serial production and supply of AESA radar systems over a period of five years. The indicative value for Phase-2 is approximately ₹500 crore, with a gross value of around ₹590 crore inclusive of GST.

This AESA radar systems program is a significant opportunity for Centum to showcase its system-level design, development, and manufacturing capabilities in advanced radar and mission-critical defense electronics, further strengthening its relationship with HAL.

Filing to action

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Centum Electronics Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Centum Electronics Limited. Read the original for the full detail.

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