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AXISCADES Secures ₹25 Crore Defence Order Under HAL’s LCA Mk1A Programme

Written by: Nikitha DeviUpdated on: 23 Feb 2026, 5:04 pm IST
AXISCADES subsidiary Mistral wins ₹25 crore HAL order for Single Board Computers under LCA Mk1A programme.
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AXISCADES Technologies Limited (NSE: AXISCADES), a Bengaluru-headquartered chip-to-product company specialising in Aerospace, Defence, Electronics, Semiconductor and Artificial Intelligence (ESAI), has secured a fresh defence order through its subsidiary, Mistral Solutions Pvt. Ltd.

The contract, valued at approximately ₹25 crore, has been awarded under the prestigious LCA Mk1A programme of Hindustan Aeronautics Limited (HAL).

Contribution to LCA Mk1A Programme

Under the agreement, Mistral Solutions will supply advanced Single Board Computers (SBCs) for the LCA Mk1A fighter aircraft programme. The Light Combat Aircraft (LCA) Mk1A is a key indigenous defence initiative aimed at strengthening India’s air combat capabilities. 

The integration of high-performance embedded systems and defence electronics plays a critical role in avionics, mission control and overall aircraft performance.

Mistral Solutions is known for its expertise in designing and delivering rugged, mission-critical embedded systems tailored for aerospace and defence applications. This order further reinforces its strong position within India’s defence electronics ecosystem and highlights its technological capabilities in supporting complex defence platforms.

Manufacturing at DAL Facility

All systems under this contract will be manufactured and delivered from AXISCADES’ newly commissioned Devanahalli Atmanirbhar Complex (DAL) facility. 

Located at the Bangalore Aerospace Park near Kempegowda International Airport, the DAL facility is designed to support indigenous manufacturing aligned with the government’s “Atmanirbhar Bharat” vision. The facility strengthens AXISCADES’ integrated capabilities from design to production in high-value defence systems.

Commenting on the development, Mr. C. Manikandan, CEO, Mistral Solutions Private Limited, said, “This order win reflects the AXISCADES Group’s increasing value addition to ‘Make in India’ initiative.”

AXISCADES Share Price Performance

On February 23, 2026, AXISCADES share price opened at ₹1,444.00, touching the day’s low at ₹1,366.80, as of 11:29 AM on the NSE.

Also ReadAXISCADES Announces Significant Wins from US Customers Post Indo US Trade Deal!

Conclusion

This ₹25 crore order marks a significant milestone for AXISCADES and its subsidiary Mistral Solutions. By contributing critical electronic systems to HAL’s LCA Mk1A programme, the company reinforces its strategic role in India’s defence manufacturing ecosystem. The development not only strengthens indigenous aerospace capabilities but also positions AXISCADES as a key technology partner in advancing self-reliant defence infrastructure.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 23, 2026, 11:33 AM IST

Nikitha Devi

Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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