AMS secures order worth Rs 5.72 crore; shortlisted by DRDO - Check details
The technology transfer will enable the company to manufacture and supply PRACHAND munition hardware to the Indian Armed Forces.
Defence and aerospace company Apollo Micro Systems Ltd has been shortlisted by the Armament Research and Development Establishment (ARDE) under DRDO for the transfer of technology (ToT) related to the production of PRACHAND munition hardware.
"We are pleased to inform you that the company has been shortlisted by the Armament Research and Development Establishment (ARDE), DRDO, for Transfer of Technology (ToT) related to the production of PRACHAND Munition Hardware," the company said in an exchange filing.
PRACHAND is an anti-tank munition with full-width attack capability. The technology transfer will enable the company to manufacture and supply PRACHAND munition hardware to the Indian Armed Forces.
The company has also informed exchanges that it has won an order from Reliable Technosystems India Pvt Ltd. The order is for the supply of Electronic Modules worth Rs 5.72 crores.
Earlier, it won multiple orders worth Rs 77 crore. The company said that it received the order from Economic Explosives Ltd and ARDE- Defence Research and Development Organisation (DRDO).
"The Company has received the orders from Economic Explosives Ltd and ARDE- Defence Research and Development Organisation (DRDO) worth Rs. 4.70 crores," the company said in an exchange filing.
AMS has also been declared as the Lowest Bidder (L1) for the GNC Kit by Munitions India Ltd.
"The company has been declared as the Lowest Bidder (L1) for GNC Kit by Munitions India Ltd, with a project worth Rs. 72.26 crores," the company said.
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