DBT Bureau
Pune, 9 Feb 2026
AXISCADES Technologies Limited has announced a new defence order win through its subsidiary, Mistral Solutions. The company secured an order worth approximately ₹80 crore under Hindustan Aeronautics Limited’s prestigious LCA Mk1A programme.
This strategic win underscores AXISCADES Group’s strong commitment to the indigenisation of advanced avionics systems. Under this programme, Mistral Solutions will supply electronic hardware for the following critical subsystems, further strengthening its long-standing partnership with the Defence Research & Development Organisation (DRDO) and HAL:
- Mission Computer
- Smart Multifunction Display
All systems will be manufactured and delivered from AXISCADES’ newly commissioned DAL (Devanahalli Atmanirbhar Complex) facility located at the Bangalore Aerospace Park, near Kempegowda International Airport.
Commenting on the development, C. Manikandan, CEO, Mistral Solutions Private Limited, said: “This programme win reflects the AXISCADES Group’s continued commitment to defence indigenisation and the ‘Make in India’ initiative. We believe this opportunity positions us strongly for participation in upcoming defence programmes.”
AXISCADES Technologies shares surged nearly 5% to ₹1,179.60, gaining ₹56.10 in today’s trading session, reflecting positive market sentiment following the recent defence order win.
Disclaimer: Any views, opinions, or investment-related information expressed by contributors on Databiztimes.com are solely their own and should not be construed as investment advice. Readers are advised to consult SEBI-registered or certified financial advisors before making any investment decisions.
