Corporate News     15-Mar-23
Paras Defence signs MoU with CONTROP, Israel
To set up joint venture in India for manufacturing electro-optic systems for various applications
Paras Defence and Space Technologies has entered into an MOU (Memorandum of Understanding) on 14 March 2023 with CONTROP Precision Technologies (CONTROP), Israel with an intent to create new opportunities and expand both parties' business in the Indian and Global Defence sector. To support the MOU objectives, the parties intend to form a Joint Venture Company (‘JV') in India for manufacturing Electro-Optic Systems for various applications, all in accordance with the Government of India's Make in India initiative.
Previous News
  Board of Paras Defence and Space Technologies approves incorporation of JV entity
 ( Corporate News - 17-May-23   09:01 )
  Paras Defence signs MoU with Yantra India
 ( Corporate News - 16-Feb-23   11:50 )
  DRDO transfers tech of Optronic Submarine Periscope to Paras Defence
 ( Corporate News - 07-Apr-22   14:49 )
  Paras Defence soars after board OKs incorporating associate firm
 ( Hot Pursuit - 18-Oct-21   12:42 )
  Paras Defence & Space Techs. to table results
 ( Corporate News - 31-Jul-23   15:44 )
  Paras Defence and Space Technologies rises for third day
 ( Hot Pursuit - 28-Jun-22   11:55 )
  Paras Defence & Space Techs. schedules board meeting
 ( Corporate News - 04-Feb-22   16:01 )
  Paras Defence and Space Technologies consolidated net profit declines 31.76% in the December 2023 quarter
 ( Results - Announcements 09-Feb-24   14:31 )
  Paras Defence & Space Techs. to hold board meeting
 ( Corporate News - 22-Aug-24   12:27 )
  Paras signs MoU with Society of Applied Microwave Electronics Engineering Research
 ( Corporate News - 16-May-23   13:06 )
  Paras Defence & Space Techs. schedules AGM
 ( Corporate News - 30-Aug-24   16:27 )
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