MoneyWorks4Me

Premier Explosives receives enhancement in order from Israel Aerospace Industries

31 Dec 2020 Evaluate

Premier Explosives has received an enhancement in order from Israel Aerospace Industries (IAI), Israel for development and supply of EDRM Rocket Motors for a total value of $1,384,000 in place of $520,000. Ordered items are expected to be delivered by September 30, 2021.

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 614.70
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