India’s defence sector is attracting considerable attention following a new government order, which signals an increased focus on modern warfare technology and local manufacturing. A recent deal by the Defence Ministry has once again highlighted the growing importance of electronic warfare systems and companies working in this space.
On June 10, 2026, the Defence Ministry awarded a contract worth ₹449 crore to Accord Software & Systems to supply 20 Advanced ECGNSS Jammer Systems to the Indian Navy. This move is not just a routine purchase, but represents India’s move towards strengthening electronic defence capabilities. Such systems are used to block enemy signals and improve operational safety during missions.
This development has increased investor interest in companies involved in defence electronics, especially those working on radar systems, signal intelligence, and anti-drone technology. Experts believe this order could lead to more similar projects in the coming years.
India is continuously increasing its defence budget and promoting local production as part of its self-reliance initiative. Consequently, sectors such as electronic warfare and advanced communication systems are experiencing rapid growth. Technologies such as GNSS jammers, counter-drone solutions, and surveillance tools are becoming essential to modern defence strategies.
This shift is creating long-term opportunities for companies with strong technical capabilities and a stable order pipeline.
Bharat Electronics Limited is one of the top players in this space, known for supplying radar systems, missile guidance solutions, and communication equipment. The company reported revenue of ₹276,101 million and a net profit of ₹60,235 million for FY2026, supported by a strong order book of ₹738,820 million. Its stock was trading around ₹404.65, up 0.60% during intraday trade.
Another notable name is Astra Microwave Products, which focuses on radio frequency and microwave technology used in defence systems. The company posted revenue of ₹11,627 million and a profit of ₹1,930 million, and shares were trading around ₹1,432.10 after gaining 2.56%.
Data Patterns (India) also reported strong growth, with revenue rising 31% to ₹9,248 million and profit reaching ₹2,714 million. Its stock rose 7.91% to ₹4,535.10, reflecting investor confidence.
Zen Technologies is focusing on combat training systems and AI-based counter-drone technology. With an order book of ₹13,360 million, the company is well-positioned to benefit from the growing demand for training and simulation systems as the armed forces adopt modern warfare tools.
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