Premier Explosives receives supply order from IAI

06 Nov 2018

Premier Explosives has received an order from Israel Aerospace Industries, Israel (IAI) for development and supply of Booster Rocket Motors (BRM) for a total value of $1.64 million. Development of the BRM is scheduled in two milestone dates of April 2019 and July 2019. Supply schedule is yet to be worked out.

Premier Explosives is a prominent player in manufacturing solid propellants for India's prestigious missile programs like Akash, Astra, and LRSAM.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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