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    Sweta Sharma Takes Charge as Marcom Head at Schneider Electric Infrastructure

    Sweta Sharma Takes Charge as Marcom Head at Schneider Electric Infrastructure

    Sharad Srivastava Appointed CISO at Uttar Pradesh State Transformation Commission

    Sharad Srivastava Appointed CISO at Uttar Pradesh State Transformation Commission

    NALCO Signs MoU With GAIL for Long-Term Gas Transmission

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    SECI, BEST Sign 25-Year Deal for 220 MW Solar Power

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    Haryana Govt Transfers Six IAS Officers; Aniruddh Yadav Made Additional MD, HSIIDC

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    RBI Faces $11 Billion Cost From Record Foreign Deposit Inflows

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    Rupee Today: Indian Currency Rises 5 Paise to 94.46 Against US Dollar

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    Sweta Sharma Takes Charge as Marcom Head at Schneider Electric Infrastructure

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Home Governance News

Solar Industries India bags Rs 212 Crore Order from Ministry of Defence

By: APAC Media

by APAC Media
April 26, 2023
in News
Reading Time: 1 min read
Solar Industries India bags Rs 212 crore order from Ministry of Defence
Summarize with:

New Delhi: Solar Industries India Ltd said that one of its subsidiaries has bagged a Rs 212-crore contract from the Ministry of Defence. “Economic Explosives Ltd, a wholly-owned subsidiary of the company has signed a contract for supply of loitering munitions with the Ministry of Defence,” Solar Industries India said in a regulatory filing.

The size of the order is Rs 212 crore, the company said. Homegrown Solar Group is into manufacturing industrial explosives.

Loitering munitions are a type of unmanned aerial vehicle (UAV). They are a mix of a surface-to-surface missile and a drone. These munitions stay in air for a longer time period while surveying a designated area and seeking targets. Once a target is identified and locked on, they act as a missile to destroy it.

These types of munitions are also known as suicide drones or kamikaze drones because they are designed to be a one-time use weapon, with the drone itself being the warhead. Loitering munitions are typically used in military operations for reconnaissance and targeted strikes against enemy targets. They can be controlled remotely by an operator or programmed to operate autonomously. These munitions are an asset to the artillery branch of the Army as they are able to detect and take out static and moving targets across all types of landscapes, from mountains to deserts. Further, they can destroy radar installations, air defence systems and communication centres and dynamic targets such as enemy vehicles and troops.

Summarize with:
Tags: Economic Explosives LtdSolar Industries India Ltd
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