Astra Microwave Products has announced that its joint venture, Astra Rafael Comsys Private Limited, has secured a significant order worth ₹275.27 crore from the Indian Air Force (IAF). The joint venture, formed between Astra Microwave Products and Rafael Advanced Defense Systems Ltd of Israel, will execute this contract for integration and installation of software in aircraft.

Order Specifications

The comprehensive order encompasses multiple components for the Indian Air Force's aircraft modernization program. The contract includes integration of software defined radio (SDR) on MiG-29 aircraft, installation of network centric application (NCO) on MiG-29s, and procurement of 24 SDRs for the light combat aircraft (LCA) Mk-1A.

Contract Details

The order, awarded by the domestic defence entity, is scheduled for completion within 12 months. Astra Microwave Products has clarified that this is not a related party transaction, with neither promoters nor promoter groups having any interest in the IAF. The company will receive its portion of the business through the joint venture arrangement.

Market Impact

This contract represents a significant development for Astra Rafael Comsys, highlighting the growing domestic defence collaborations in software-defined and network-centric applications for Indian military aircraft. The order is expected to strengthen the company's portfolio in aerospace and defence electronics, particularly in avionics integration and mission-critical communication systems.

Stock Performance

Following the announcement, Astra Microwave Products Limited shares rose to ₹1,005.20 on the NSE, gaining ₹17.50 or 1.77%. This positive market response reflects investor confidence in the company's defence sector capabilities and joint venture strategy.

Astra Microwave Products Limited has announced another significant win for its joint venture company, Astra Rafael Comsys Private Limited. The joint venture has secured a new order valued at ₹275.27 crore from the Indian Air Force, further strengthening the company's position in the defence communication systems sector.

Latest Order Details

The order, received on January 8, 2026, encompasses advanced communication and radio systems for military aircraft. The comprehensive order includes multiple components for the Indian Air Force's fleet modernization:

Technical Scope and Components

The order covers three critical areas of aircraft communication systems enhancement:

Strategic Business Impact

This latest order adds to the company's growing portfolio of defence contracts. The company has indicated that it expects to receive a substantial portion of business from this order through Astra Rafael Comsys Private Limited, similar to its previous defence engagements.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015. Key compliance aspects include:

• The order does not constitute a related party transaction
• No promoter, promoter group, or group companies have any interest in the contracting entity
• The order represents a domestic contract with the Indian Air Force

This development demonstrates Astra Microwave Products' continued success in securing high-value defence contracts through its strategic joint venture partnerships, particularly in advanced communication systems for military aircraft modernization programs.