This company got a big order from Lockheed Martin, information given after the market closed

Defense and aerospace segment company DCX Systems has received a big purchase order from defense sector giant Lockheed Martin. The company gave this information after the market closed on Friday. In such a situation, the effect of the news can be seen in the next trading session. At the end of the day's trading today, DCX Systems' stock has seen a decline and the stock has closed at 337.2 with a decline of more than 1 percent.

What information did the company give?
 

In the information sent to the stock market, the company said that it has received a purchase order from Lockheed Martin Global. It has received an order for electronic assembly supply. The company has to complete this order in the next 12 months. According to the company, the size of the order is $ 54.8 million, which is equivalent to about Rs 460 crore at the rate of Rs 84 per dollar. Lockheed Martin is one of the largest defense companies in the world. The Indian Air Force is using Lockheed Martin's C 130J Super Hercules. At the same time, the Indian Navy is using the company's MH 60 Romeo helicopter. How was the stock performance? DCX Systems stock closed with a decline on Friday. The stock is currently at the level of 337. The highest level of the stock for the year is 451.9, which was recorded on 3 July 2024. At the same time, the lowest level of the stock for the year is 235, which was recorded on 13 March 2024. A year ago, the stock was around 280. That is, the return of the stock in one year is 20 percent. 

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