Centum Electronics Secures ₹66 Cr AESA Radar Order from HAL
Centum Electronics secured a significant order from HAL for AESA Radar Systems for the UH-M platform. Phase-1 involves design and development with a purchase order value of ₹66 crore, grossing ₹78 crore with GST, to be delivered over two financial years. Phase-2 is estimated at ₹500 crore (₹590 crore gross).
The order involves a significant value for Phase-1 and an even larger potential value for Phase-2, directly impacting the company's revenue and market position in the defense sector.
The company has secured a prestigious order for a critical defense system, indicating business growth and technological advancement.
Centum Electronics Limited has received a prestigious order from Hindustan Aeronautics Limited (HAL) for the design and development of Active Electronically Scanned Array (AESA) Radar Systems for the Utility Helicopter – Maritime (UH-M) platform. This order signifies Centum's expanding role in indigenous defense electronics.
The AESA Radar System is designed to detect, classify, and track multiple maritime targets, thereby enhancing the helicopter's operational and surveillance capabilities. The current order is for Phase-1, covering the design and development of AESA radar systems to be delivered over the next two financial years. The purchase order value for Phase-1 is ₹66 crore, with a gross value of ₹78 crore inclusive of GST.
Upon successful completion of Phase-1, the program is expected to move to Phase-2, which involves the serial production and supply of AESA radar systems over a period of five years. The estimated value for Phase-2 is ₹500 crore, with an indicative gross value of approximately ₹590 crore inclusive of GST. This 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.
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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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