Centum Electronics Stock Soars: Company with 400% Return in 3 Years Wins Major HAL Order for AESA Radar System
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Centum Electronics Soars: Bags HAL Order for AESA Radar, Stock Jumps
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CNBC Awaaz•24-02-2026, 15:39
Centum Electronics Soars: Bags HAL Order for AESA Radar, Stock Jumps
•Centum Electronics Limited secured a significant order from Hindustan Aeronautics Limited (HAL) for the design and development of an AESA radar system.
•The AESA radar system is for the Utility Helicopter–Maritime (UH-M) platform, enhancing its surveillance and operational capabilities.
•Phase-1 of the order, for design and development, is valued at ₹66 crore (purchase order) and ₹78 crore (gross value including GST).
•Phase-2, estimated at ₹500 crore (purchase order) and ₹590 crore (gross value), involves serial production and supply over 5 years after successful Phase-1 completion.
•This order marks a major achievement for Centum in indigenous defense electronics and highlights its system-level design and manufacturing capabilities.