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AXISCADES Technologies has secured defence orders valued at ₹600 crore from Indian defence laboratories and PSUs, covering naval, airborne, and radar-based systems including the VIRUPAKSHA AESA Radar program, TR Modules, LRBMR-KUSHA, Electric Heavy Weight Torpedo, and Sonar Systems for submarines.
AXISCADES Technologies' board approved the 100% acquisition of Germany-based add solution GMBH, specializing in automotive solutions for global OEMs, for a total purchase consideration between €4.3 million and €5.5 million.