Astra Microwave Products' Joint Venture Secures ₹275.27 Crore IAF Order

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:

Aspect:	Details
Order Value:	₹275.27 crore (including taxes)
Awarding Entity:	Indian Air Force
Order Date:	January 8, 2026
Execution Timeframe:	Within 12 months
Nature:	Domestic order

Technical Scope and Components

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

Component:	Specification
MiG-29 SDR Integration:	Integration of Software Defined Radio on MiG-29 aircraft
Network Centric Application:	Installation of NCO on MiG-29 aircraft
LCA Mk-1A Equipment:	Procurement of 24 SDRs for LCA Mk-1A aircraft

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.20%	-7.07%	-7.96%	-19.58%	+26.51%	+564.80%

Astra Microwave Products has announced its revenue expectations for FY27, setting a target range between ₹1400.00 and ₹1500.00 crores. This guidance provides insight into the company's projected business performance in the aerospace and defence sector.

Revenue Projection Details

The company's revenue expectations for FY27 are outlined in the following table:

Parameter:	Details
Expected Revenue Range:	₹1400.00 - ₹1500.00 crores
Target Fiscal Year:	FY27
Sector:	Aerospace & Defence

Business Outlook

The revenue guidance of ₹1400.00 to ₹1500.00 crores for FY27 reflects the company's business projections and market expectations. This target range provides stakeholders with visibility into the company's anticipated financial performance in the aerospace and defence segment.

The announcement of specific revenue expectations demonstrates the company's strategic planning approach and provides a framework for evaluating future business performance against stated objectives.