This is to inform you that we have received an order from Israel Aerospace Industries Limited, Israel (IAI) for development and supply of Booster Rocket Motors (BRM) for a total value of USD 1.64 million (about Rs.11.98 crores at todays RBI reference rate of Rs.73.074 per USD). Development of the BRM is scheduled in two milestone dates of April 2019 and July 2019. Supply schedule is yet to be worked out.
This is for your kind information and record. (Please note that the order received is not material)
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