Axiscades Technologies Ltd on Monday announced that its subsidiary, Mistral Solutions Pvt Ltd, has secured significant new orders from the Combat Aircraft Systems Development & Integration Centre (CASDIC), DRDO, Ministry of Defence.

The contract, awarded for the Su-30MKI upgrade program, involves prototype development of 10 electronic control units for the aircraft’s cooling system. The prototype phase, valued at around ?3 crore (excluding GST), is expected to be completed within 18 months.

Following successful development, the order is expected to translate into a production contract for about 600 units over the next 3–5 years, with an estimated value of ?150 crore.

The company confirmed that the contract has been awarded by a domestic entity and does not fall under related party transactions.