AXISCADES Technologies Limited announced today that its subsidiary Mistral Solutions has secured a development contract from CASDIC (Combat Aircraft System Development and Integration Centre) for Electronic Control Units in the Su-30MKI “Super-30” modernization program.
The Bengaluru-based defense technology company will initially develop 10 Electronic Control Units for the aircraft’s cooling system as part of the prototype development phase. This contract is expected to lead to a production order for approximately 600 units valued at Rs 150 crores over five years.
The Su-30MKI upgrade program represents one of the Indian Air Force’s major modernization initiatives. AXISCADES’ involvement demonstrates the company’s growing role in indigenous defense technology development, aligning with India’s Atmanirbhar Bharat vision.
C. Manikandan, CEO of Mistral Solutions, said the order reflects AXISCADES’ capability to design and deliver advanced indigenous technologies for evolving combat requirements. The company positions this win as strengthening its prospects for similar large-scale defense modernization programs.
AXISCADES operates as an end-to-end technology and solutions provider in aerospace, defense, and electronics domains. The company employs over 3,000 professionals across 17 global locations and maintains relationships with defense forces, Ministry of Defense laboratories, and public sector units. Its portfolio spans weapon systems, avionics, radar, electronic warfare, and drone technologies.
The shares of AXISCADES Technologies Limited were trading at ₹1,270 up by ₹24.20 or 1.94 per cent on the NSE today at 1.15 pm.