Business EconomyPosted at: Oct 1 2024 10:03PM


Zen Technologies secures AMC worth Rs 46 cr from Defence Ministry

Hyderabad, Oct 1 (UNI) Zen Technologies Limited (Zen) has signed an Annual Maintenance Contract (AMC) worth ₹ 46 crores (inclusive of 18% GST) for simulators with the Ministry of Defence.
The contract, effective for a period of five years, ensures the continued maintenance of simulators designed and developed by Zen, the company said in a release here on Tuesday.
The agreement highlights Zen’s ability to meet the demanding operational needs of India’s defence forces through advanced simulator technology.
As of this contract, Zen continues to lead the way in the defence simulation space, ensuring the highest standards of operational readiness and maintenance support for the Ministry of Defence’s critical defence assets, the release added.
With a dedicated Research and Development (R&D) facility in Hyderabad, recognised by the Ministry of Science and Technology, Zen has filed for over 155 patents, of which over 75 have been granted and has successfully shipped more than 1000 training systems worldwide.
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