Mumbai, July 31 -- AXISCADES Technologies has bagged an orderworth Rs 124 crore from Electronics & Radar Development Establishment (LRDE), DRDO, Ministry of Defence.The orderinvolves adevelopment contract executed between LRDE and Mistral Solutions, an AXISCADES subsidiary company for the development of Exciter and Receiver unit of Virupaksh Radar for Su-30 MKI upgrade. This order is awarded for prototype development (valued at Rs4 crore) and will be followed by a production order (valued at Rs 120 crore). The production quantity is 84 numbers of Su-30MKI upgrade.

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