Centum Electronics Share Price In Focus As It Secures ₹66 Crore AESA Radar Order From HAL

Centum Electronics Limited has secured a defence electronics contract from Hindustan Aeronautics Limited for the development of Active Electronically Scanned Array radar systems. The order relates to the Utility Helicopter–Maritime platform and marks a significant step in Centum’s advanced radar capabilities. 

Phase-1 Development Contract 

The current award covers Phase-1 of the programme, involving the design and development of AESA radar systems to be delivered over the next 2 financial years. The purchase order value stands at ₹66 crore, with a gross contract value of ₹78 crore including GST. 

The radar system is designed to detect, classify and track multiple maritime targets, strengthening surveillance and operational capabilities of the maritime helicopter platform. 

Phase-2 Production Opportunity 

Upon successful execution of Phase-1, the programme is expected to transition into Phase-2, which envisages serial production and supply of AESA radar systems over a 5-year period. The estimated Phase-2 value is ₹500 crore, with a gross value of approximately ₹590 crore including GST. 

This multi-phase structure positions Centum to scale from system design to sustained manufacturing in mission-critical defence electronics. 

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Centum Electronics Share Price Performance  

As of 25 February 2026, at 9:30 AM, Centum Electronics Limited share price is trading at ₹2,791 per share, reflecting a gain of 0.39% from the previous closing price. Over the past month, the stock has gained by 24.82%. 

Conclusion 

With a ₹66 crore development contract and a potential ₹500 crore production programme, Centum Electronics advances its role in indigenous defence radar systems while deepening its collaboration with HAL in high-reliability aerospace electronics. 

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