Paras Defence and Space Technologies has secured incremental orders worth approximately INR 266 million, including taxes, from Opto Electronics Factory (OLF), a unit of India Optel Ltd under the Ministry of Defence. The orders are for the supply of electronic control systems used in thermal imaging fire control systems (TIFCS) for battle tank applications delivered by OLF to the Indian Armed Forces.
The contract period runs from December 2025 to September 2026. With the new orders, the total order value for Paras Defence related to TIFCS electronic control systems now stands at about INR 1.42 billion, inclusive of taxes.
The additional scope includes the supply of control panels for ballistic computers, ballistic computers, and gun positioning systems. The earlier orders were valued at INR 1.15 billion, including taxes, before the incremental additions.
Paras Defence and Space Technologies is engaged in the design, development, manufacture and testing of defence and space engineering products and solutions. Its offerings include defence electronics, electromagnetic pulse protection solutions, heavy engineering equipment, and niche technologies for defence and space applications.
