Shares of defense companies are going to get wings. These include companies ranging from missile to fighter plane. The ability of defense equipment made in India in retaliation against Pakistan has been noticed. Now the ability of Indian companies in terms of seafood to fighter plane has come to know the whole world. Let us know about these companies and their future.
Mazagon Dock’s orderbook of 36000 crores
Cochin shipyard And Mazagon dock Companies like companies have a great ability to make Advance aircraft career and submarines. Mazagon Dock’s eyes are on large orders, including Next Generation Corvettes, Destroyes, P-751 submarines and Stealth Frigates. These orders can be worth Rs 2.46 lakh crore. The company’s orderbook is already Rs 36,000 crore. Further, the company’s revenue can be gauged.
Order of 480 units of Nagashstra drone to Solar Industries
The future of companies like Sika Interplant Systems also looks bright. The company supplies formless steel, which is used to make a sea ship platform. Companies such as Zen Technologies are making anti-drain solutions. It is being developed especially keeping in mind the needs of India. Solar Industries is making Nagashstra drones with Israel’s Elbit Systems. It has received an order of 480 units before the Indian Army. Idea Forge is a listed company that is making heavy investment in surveillance drone technology.
Government approval for recently 54000 crore defense order
The government has recently approved defense orders worth Rs 54,000 crore. It contains anti -submarine varunastra torpedoes. This segment has a strong penetration of Bharat Dynamics (BDL) and Solar Industries. BDL’s orderbook is already worth Rs 22,000 crore. This is 9 times its annual revenue. The company has entered into agreements with many legendary companies in the world. Leadership positions in BDL’s missile and air defense system are constantly getting stronger.
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Good days coming of companies making simulators
Bel, data patterns, Astra Microwave, Paras Defense and Zen Technologies are showing big opportunities. Gen Technologies are eyeing the growing demand of simulators. It has recently received an order of Rs 150 crore for integrated air defense-kambat simulators. Its orderbook has increased to Rs 690 crore. India Electronics already holds 60–70 per cent stake in the Defense Electronics Market.
