Centum Electronics Secures ₹66 Crore Order from Hindustan Aeronautics
Filing Summary
Centum Electronics Limited has secured a significant order from Hindustan Aeronautics Limited (HAL) for the design and development of Active Electronically Scanned Array (AESA) Radar Systems for the Utility Helicopter-Maritime (UH-M) programme. The order, valued at ₹66 crore, is part of a larger project with a potential total value of ₹500 crore. The initial phase will be executed over the next two financial years, with subsequent phases involving serial production. This development aligns with Centum’s focus on high-reliability electronics for defense and aerospace applications.
Centum Electronics Limited has announced the receipt of an order from Hindustan Aeronautics Limited (HAL) for the design and development of Active Electronically Scanned Array (AESA) Radar Systems for the Utility Helicopter-Maritime (UH-M) programme. This order is part of the company’s strategic focus on providing high-reliability electronics and system-level solutions for defense and aerospace applications. The order was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The financial terms of the order include a Phase-1 value of ₹66 crore, with a gross value of ₹78 crore inclusive of GST. The potential Phase-2 of the project is estimated to have a value of ₹500 crore, with a gross value of approximately ₹590 crore inclusive of GST. The order is structured in two phases, with Phase-1 focusing on design and development, and Phase-2 covering serial production and delivery.
The scope of the order involves the design and development of AESA radar systems specifically for the UH-M platform. These systems are intended to enhance the operational and surveillance capabilities of the helicopter by detecting, classifying, and tracking multiple maritime targets. The order is domestic in nature, awarded by a domestic entity, and aligns with Centum’s capabilities in advanced radar and mission-critical defense electronics.
The timeline for the execution of Phase-1 is set over the next two financial years, as per the terms and conditions of the order. Phase-2, which involves serial production and delivery, is expected to span five years from the receipt of the serial production order. The company has committed to making further disclosures as required by applicable regulatory requirements.
Hindustan Aeronautics Limited (HAL) is a key player in the aerospace and defense sector, focusing on the design, development, and production of aircraft, helicopters, and related systems. HAL’s collaboration with Centum Electronics on this project underscores its commitment to enhancing indigenous defense capabilities.
Centum Electronics Limited is a leading Indian company in the Electronics System Design and Manufacturing (ESDM) sector, serving various industries including Defense, Aerospace, Space, Industrial, Transportation, and Medical. The company is known for its concept-to-commissioning capabilities and high-reliability electronics solutions, reinforcing its strategic focus on advanced defense electronics systems.