Paras Defence and Space Technologies Ltd has won an order worth 640 mln rupees for Avionics Suite for Saras MK - 2 Aircraft from the Council of Scientific and Industrial Research - National Aerospace Laboratories, Bengaluru, the company said in an exchange filing.
The deliveries for the aircrafts are to be done in 2023-24 (Apr-Mar), the company filing said.
Saras is the first Indian multi-purpose civilian aircraft in the light transport aircraft category, as designed by the Council of Scientific and Industrial Research - National Aerospace Laboratories.
Avionics Suite of Saras MK - 2 Aircraft is the complete glass cockpit of the aircraft, including all the equipment related to control, monitoring, communication, navigation, weather and anti-collision systems along with auto-pilot system.
Shares of the company traded 0.4% lower at ₹483.10 on NSE at 10:15 IST.