Premier Explosives has received orders from Israel Aerospace Industries (IAI), Israel. The first order is for manufacture and supply of Warheads for a total value of $537,500 (about Rs 4.27 crores approx.). Ordered items are expected to be delivered by May, 2023. The second order is for production and supply of Booster Rocket Motors for a total value of $688,000 (about Rs 5.47 crore approx.). The Company has successfully designed and developed the Rocket Motors to the satisfaction of the customer. Ordered items are expected to be delivered by March 31, 2023.
Premier Explosives is a prominent player in manufacturing solid propellants for India's prestigious missile programs like Akash, Astra, and LRSAM.
