By A Correspondent

New Delhi: Indian firm Paras Defence and Space Technologies, on March 9, 2026, announced it has bagged an INR 80.28-crore deal from defence research agency for developing high-precision optical systems for air defence applications.

In an exchange filing, Paras Defence and Space Technologies said the contract from the Defence Research and Development Organisation (DRDO) under the Ministry of Defence (MoD) provided the company 18 months to execute the project.

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