Defence company AMS emerges lowest bidder for Rs 28.74 crores

2 hours ago 1

Defence and areospace compay Apollo Micro Systems (AMS) has emerged arsenic the lowest bidder for orders worthy Rs 28.74 crores.

"...has been declared arsenic the Lowest Bidder (L1) for orders worthy Rs. 28.74 crores from Bharat Electronics Limited (BEL) and CNA (OF) Pune, Indian Navy," the institution said successful an speech filing.

Earlier, the institution received an bid from Bharat Dynamics - a Government of India Enterprise.

According to an speech filing, the is for Software Defined Universal Homing System for Heavy Weight Torpedoes. This first-of-its-kind exertion was developed successful collaboration with Defence Research and Development Organisation (DRDO).

Also, Apollo Micro System has been declared arsenic L1 for the bid from the Controllerate of Naval Armament (OF) for a worth of Rs 5.73 crore.

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