Zen Technologies wins Rs 35cr export contract in Middle East

Zen Technologies Limited, an Indian defense training solutions provider, said that it has bagged an export contract worth approximately INR 35 crores from one of its major customers in the Middle East.

The order won by the company includes the supply of live simulation equipment for INR 19.7 crores and four-year operations and maintenance for around INR 15.4 crores.

The defense training solutions provider said that the equipment order is anticipated to be carried out in the next three quarters.

Zen Technologies claimed that it had prevailed as the winner amid stiff competition from European and US firms.

In September 2021, Zen Technologies had secured an order worth nearly INR 155 crores from the Indian Air Force (IAF) for the Counter Unmanned Aircraft Systems (CUAS).