Defense Business and Industry

AXISCADES Secures ₹7.99 Cr Order for Counter-Drone Systems

AXISCADES Technologies has secured a ₹7.99 crore contract from the Indian Army to develop and supply 12 Man Portable Counter Drone Systems (MPCDS), marking a significant advancement in India’s defense capabilities. This procurement, part of an emergency purchase following Operation Sindhoor, emphasizes the Army’s commitment to strengthening defenses against the rising threat of UAVs along sensitive borders. The MPCDS features advanced detection and neutralization technologies, enabling infantry units to swiftly counter aerial threats. This initiative not only showcases India’s growing self-reliance in defense technologies but also reflects a proactive approach to emerging security challenges, aligning with the Atmanirbhar Bharat vision. The market’s positive reaction highlights investor confidence in the defense sector’s potential for growth.

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