Axiscades Technologies Ltd announced that its wholly owned subsidiary, AXISCADES Aerospace & Technologies Pvt Ltd, has secured a significant order worth Rs 7.99 crore from the Indian Army to supply Man Portable Counter Drone Systems (MPCDS).

Under the contract, the subsidiary will develop, manufacture, and deliver 12 units of MPCDS along with 12 ICT systems within 12 months. The supply will adhere to the specifications laid out in the purchase order.

The contract is entirely domestic and classified as a supply order. The company confirmed that neither its promoters nor group companies have any interest in the awarding entity, and the transaction does not fall under related-party dealings.