Premier Explosives has bagged orders worth Rs 552.26 crore from the Ministry of Defence, Government of Republic of India for procurement of Flares and Chaffs.
The first order worth Rs 292.11 crore (including GST) is from Ministry of Defence, Air force, New Delhi for Supply of Chaffs and it is to be completed within 12 months. The another order worth Rs 260.15 crore (including GST) is from Ministry of Defence, Air Force, New Delhi for Supply of Flares and it is to be completed within 12 months.
Premier Explosives is a prominent player in manufacturing solid propellants for India's prestigious missile programs like Akash, Astra, and LRSAM.
