StockWatch
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Aerospace & Defense
Award28 Jul 2026, 12:25 pm

Apollo Micro Systems Empanelled by Indian Air Force for IPREK Programme

AI Summary

Apollo Micro Systems Limited (AMS) has been formally shortlisted and empanelled by the Indian Air Force (IAF) as a Prime Development Agency for the Indigenous Precision Range Extension Kit (IPREK) programme. This initiative falls under the Make-II (Industry Funded) category of India's Defence Acquisition Procedure 2020 (DAP-2020). The IPREK is a bolt-on kit designed to convert existing General Purpose (GP) 500 Kg unguided bombs into long-range precision glide weapons, capable of striking targets within 3 meters from over 80-100 km. This development marks AMS's entry into the high-value precision guided munition segment, reducing India's import dependency and enhancing its air power capabilities. The programme involves an initial procurement phase of over 500 units, presenting a significant, multi-year revenue opportunity for AMS.

Key Highlights

  • Empanelled by Indian Air Force as Prime Development Agency for IPREK.
  • Enters high-value precision guided munition segment, reducing import dependency.
  • IPREK converts existing bombs into long-range precision weapons.
  • Significant multi-year revenue opportunity with strong margin potential.
  • Programme involves initial procurement of over 500 units.