DCX Systems Stock in Spotlight After Rs 460.3 Crore Export Order from Lockheed Martin

DCX Systems Stock in Spotlight After Rs 460.3 Crore Export Order from Lockheed Martin

DCX Systems’ share price is expected to be in focus on November 11 after the company secured a substantial export order from Lockheed Martin Global Inc., USA, valued at approximately Rs 460.3 crore (USD 54.8 million). The purchase order mandates DCX Systems to supply electronic assemblies, with a delivery timeline set within the next 12 months.

This major order follows an earlier one received from overseas customers last month, whereby assemblies worth around Rs 10.31 crore, USD 1.2 million of cables and wire harnesses had been ordered, further strengthening DCX Systems’ growing export footprint.

DCX Systems board of directors will also take up the unaudited standalone and consolidated financial results for a quarter and half year ending September 30, 2024, for a review and approval on November 12, 2024.

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Source: Moneycontrol

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