DCX Systems Ltd, a key manufacturer of cables and wire harness assemblies, announced on November 8 that it has received a significant export order worth around $54.8 million (₹460.3 crore) from Lockheed Martin Global Inc., USA. “The company has secured an export order from M/s. Lockheed Martin Global Inc, USA for $54,798,120.00 (approximately ₹460.30 crores at an exchange rate of 1 USD = INR 84),” DCX Systems reported in a filing with the stock exchange.
Under this contract, DCX Systems will provide electronic assemblies to Lockheed Martin, with the full order scheduled for completion within 12 months. In a recent update from September, DCX Systems disclosed that its subsidiary, Raneal Advanced Systems Pvt Ltd, received an industrial licence.
This approval, granted by the Industrial Licensing Section of the Office of the Development Commissioner of the Cochin Special Economic Zone, Karnataka SEZ, and the Ministry of Commerce and Industry, permits DCX Systems’ subsidiary to manufacture, assemble, and test microwave submodules for missile subsystems.
The licence covers the integration and production of avionics and defense electronics, as well as radar and electronic warfare systems, classified under Category A per the Ministry of Defence Security Manual due to their sensitive nature. The licensed production facility, located in Bengaluru, will operate under this authorization for a period of 15 years.
DCX Systems Ltd is a prominent Indian company specializing in the manufacture of complex electronic assemblies, cables, and wire harnesses for defense and aerospace sectors. Leveraging advanced manufacturing facilities and robust expertise, DCX Systems provides crucial components for various high-stakes applications, including missile subsystems, avionics, radar, and electronic warfare (EW) systems.
Recently, the company gained an industrial license to produce microwave submodules and other sensitive defense electronics, positioning itself as a key player in India’s defense manufacturing landscape. Known for its international partnerships, such as its recent contract with Lockheed Martin, DCX Systems continues to expand its footprint in the global defense market, contributing to India’s vision of becoming a defense manufacturing hub. With its production facility in Bengaluru, it is set to play an increasingly strategic role in both national and international defense and aerospace supply chains.
