Deals27 Aug 2024, 09:38 pm
Apollo Micro Systems Receives Order from Bharat Dynamics Limited and Declared L1 for Rocket Guided Bomb Development
AI Summary
Apollo Micro Systems Ltd has received an order worth Rs. 10.90 Crores from Bharat Dynamics Limited for state-of-the-art Software Defined Universal Homing System for Heavy Weight Torpedoes. This first-of-its-kind technology was developed in collaboration with DRDO. The company is the only qualified vendor for this Homing System as on this date. Additionally, the company has been declared as L1 for the order from Controllerate of Naval Armanent (OF) for a value of Rs. 5.73 Crores for the development of a Rocket Guided Bomb for Anti-Submarine Warfare, capable of being fired from ships in salvos.
Key Highlights
- Received order worth Rs. 10.90 Crores from Bharat Dynamics Limited for state-of-the-art Software Defined Universal Homing System for Heavy Weight Torpedoes.
- Apollo Micro Systems is the only qualified vendor for this Homing System as on this date.
- Declared as L1 for the order from Controllerate of Naval Armanent (OF) for a value of Rs. 5.73 Crores for the development of a Rocket Guided Bomb for Anti-Submarine Warfare.
- Company's extensive experience in developing systems for various weapons now extends to the complete development of a weapon, in alignment with Country’s vision of Atmanirbhar Bharat.
- Apollo Micro Systems has a proven track record in delivering underwater warfare products, such as Expendable Decoys, which are already in production and inducted into the Indian Navy.