Apollo Micro Systems Bags ₹100 Crore Defence Order
Apollo Micro Systems (AMSL) secures ₹100.24 crore order for Unmanned Aerial Systems (UAS) for the Ministry of Defence. Execution in 4 months. AMSL share price news.
NEW DELHI- Apollo Micro Systems Ltd (AMSL) announced on Friday that it has secured a significant domestic work order worth ₹1,002.47 million (over ₹100 crore). The contract involves supplying advanced Unmanned Aerial Systems (UAS) specifically deliverable to the Indian Ministry of Defence.
The execution of this mission-critical order is scheduled within a tight four-month window. Following the news, AMSL shares rose nearly 3%, continuing their multibagger streak in 2025. This deal follows the company’s recent strategic technology transfer agreements with DRDO.
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