Avantel has secured a services order valued at Rs 4.16 crore from the Ministry of Defence, Headquarters Naval Aviation, with execution expected by January 1, 2028. The contract, awarded by a domestic entity, involves a performance bank guarantee. Avantel specializes in wireless and satellite communication products, defence electronics, and radar systems. This news comes as the company reported a significant drop in its Q2 FY26 net profit and revenue compared to the previous year.