MoneyWorks4Me

Premier Explosives receives supply order from IAI

06 Nov 2018 Evaluate

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.

Peers
Company Name CMP
Godrej Industries 1050.00
SRF 2434.70
BASF India 3439.60
Pidilite Inds. 1470.00
Tata Chemicals 613.05
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