Apollo Micro Systems share price rallied over 6 per cent to â‚ą122.80 after falling to intraday low to â‚ą112.30, on January 28. The defence stock saw an upward rally after the company announced that it has secured an order from Defence Research and Development Organisation (DRDO). “We are pleased to inform that the company has…
This is part of the efforts to develop a long-duration supersonic combustion ramjet technology. | Photo Credit: Special Arrangement In a crucial milestone in the development of next-generation hypersonic munitions, the Defence Research and Development Organisation (DRDO) has successfully demonstrated a cutting-edge active cooled scramjet combustor ground test for 120 seconds for the first time…
The only way India can develop a sixth-generation aero-engine and other technologies required is by co-development with a foreign manufacturer, Samir V. Kamat, Chairman of the Defence Research and Development Organisation (DRDO), said while noting that India currently invests only 5% of its defence budget for research and development, which needs to increased to 15%. …
