AXISCADES Subsidiary Wins Key Su-30MKI Modernisation Order

AXISCADES Technologies Limited, a leader in Defence, Electronics, Semiconductor, and AI applications, announced that its subsidiary, Mistral Solutions, has won a major order to support the Su-30MKI “Super-30” modernisation program.

The order, awarded by CASDIC (Combat Aircraft System Development and Integration Centre), involves the development of 10 prototype Electronic Control Units (ECUs) for the cooling system of the Su-30MKI upgrade.

Long-Term Growth Potential

Following the prototype phase, the contract is expected to transition into a larger production order of around 600 ECUs, valued at approximately ₹150 crore over five years. This contract marks a significant milestone for AXISCADES, reinforcing its expertise in developing mission-critical systems for advanced defence programs.

Supporting Atmanirbhar Bharat

The win also highlights AXISCADES’ role in strengthening India’s indigenous defence ecosystem under the Atmanirbhar Bharat initiative. With capabilities spanning across electronics and AI-driven technologies, the company is well-positioned to tap into upcoming opportunities in aircraft modernisation and global defence markets.

Commenting on the win, C. Manikandan, the CEO of Mistral Solutions, a subsidiary of AXISCADES, said, “We are proud and excited to be a part of one of the DRDO’s/IAF’s most important modernization programs. This order reflects AXISCADES’ ability to design and deliver advanced indigenous technologies tailored to evolving combat requirements.”

Axiscades Share Price Performance

On September 1, 2025, Axiscades share price (NSE: AXISCADES) opened at ₹1,245.80, touching the day’s high at ₹1,300.00, as of 11:30 AM on the NSE.

Also Read: AXISCADES Bags ₹223.95 Crore Indian Army Deal for 50-Ton Tank Transporters!

Conclusion

This contract enhances AXISCADES’ growth prospects while positioning the company as a trusted partner in India’s defence modernisation drive and global aerospace programs.

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