Defence sector small cap stock in focus after receiving ₹275.27 cr from indian air force

Company said in a statement that we hereby inform that Astra Rafael Comsys Private Limited, our Joint Venture Company, has bagged Rs. 275.27 crores (including taxes) worth of order on 8th January, 2026 from Indian Air Force for Integration of Software Defined Radio (SDR) on MiG-29 aircraft, Installation of Network Centric Application (NCO) on MiG-29 aircraft and Procurement of 24 SDRs for LCA Mk-1A aircraft.

time period by which the order is to be executed is 12 months and company name is astra microwave ltd

Astra Microwave Products Limited (AMPL), incorporated in 1991, is a leading Indian designer and manufacturer of high-end Radio Frequency (RF) and Microwave subsystems used in strategic sectors. Based in Hyderabad, the company has transitioned from a component supplier to a provider of complex, complete systems for defense, space, and meteorology.

Astra Microwave operates across four primary areas, with radar systems currently being its largest revenue driver

1) Radar Electronics: Design and production of modules for ground-based, naval, and airborne radars. Key products include Transmit/Receive (T/R) modules, central units, and beam-forming units.

2) Electronic Warfare (EW): Developing wideband super-components (0.5 to 40 GHz) such as receivers, jammers, and simulators that protect platforms from electronic threats.

3) Space Electronics: A long-term partner of ISRO, Astra provides space-grade flight and ground-based hardware. In late 2025, the company supplied critical subsystems like C-band SSPAs and Ku-band receivers for the CMS-03 satellite launch.

4) Strategic Electronics & Telemetry: Production of missile electronics, including command guidance units, radio proximity fuzes, and seekers for programs like the Akash Air Defense System.

Major clients include the Ministry of Defence (MoD), DRDO, ISRO, and Bharat Electronics Limited (BEL).

In early 2026, Astra signed an MoU with BEL to collaborate on indigenous design and production for aerospace and satellite systems.

As of March 2025, the consolidated order backlog stood at ₹2,304 crore, providing strong revenue visibility for 2026.