The recently released credit rating document gives a lot of useful information about the company – https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3adf94c-d7b1-47dc-b300-2a9cf1a0060f.pdf
- Company caters to the clients such as Israel Aerospace Industries (IAI) and Rafael Advanced Defence Systems Limited.
- Recently company has received an order of ~Rs 16.53 Cr from Lockheed Martin Corporation, USA and other orders of ~ Rs 457.58 Cr. Open orderbook position of the company as on 1st Jan 2024 stood at ~ Rs 1095 Cr, with these new orders of ~ Rs 474 Cr, current orderbook position stands at ~Rs 1569 Cr.
- DCX through its Wholly owned Subsidiary Raneal Advanced Systems Pvt Ltd, has setup
facility for manufacturing Printed Circuit Board Assemblies for RF microwave, high–speed
digital and mixed signal applications in the defence and aerospace segment. - NIART Systems Ltd, incorporated as a wholly owned subsidiary of DCX on October 15, 2023 in Israel has entered into JV with Israel company ELTA Systems Ltd (part of IAI) having 50.1% shareholding in the JV, which would offer obstacle detection solutions based on radar and optics technology for railway industry. The purpose is to detect large and small obstacles up to 1.2-1.5 Km from the locomotive in a variety of weather and visibility conditions including in both daylight and at night.
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