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Apollo Micro Systems emerges as lowest bidder for project worth Rs 28.74 crore

10 Oct 2024 Evaluate

Apollo Micro Systems has been declared as the Lowest Bidder (L1) for orders worth Rs 28.74 crore from Bharat Electronics (BEL) and CNA (OF) Pune, Indian Navy. The order from BEL is a proprietary order. 

Earlier, the company had received the order from Reliable Technosystems India for supply of Electronic Modules worth Rs 5.72 crore.

Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers.


Peers
Company Name CMP
Hindustan Aeronaut. 4614.95
Bharat Electronics 383.50
Aequs 274.90
Astra Microwave Prod 1623.70
Axiscades Tech. 2304.25
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