Paras Defence Wins $3.8 Million Electro-Optics Order from Israel’s Elbit Security Systems

Paras Defence Secures $3.8 Million Order from Israel’s Elbit Security Systems for Electro-Optics

Mumbai, September 26, 2025 — Paras Defence and Space Technologies Limited (PARAS) has announced the receipt of a major international contract from Elbit Security Systems Limited, Israel, as per a filing with the stock exchanges today.

The disclosure was made in line with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

📌 Contract Value & Scope

• Order Value: ~$3.8 million (approx. ₹34 crore)

• Scope of Work: Supply of Electro-Optics systems

• Execution Timeline: February 2026 – November 2026

Paras Defence clarified that the awarding entity is an international company and confirmed that the order is not a related party transaction, as neither promoters nor group companies hold any interest in Elbit Security Systems Limited.

This win further strengthens Paras Defence’s presence in the global defence technology market, particularly in advanced Electro-Optics solutions.