PTC Industries bags two-year BrahMos missile subsystem order
New Delhi, July 17 -- PTC Industries has secured a two-year order from BrahMos Aerospace to develop, integrate and supply a strategic missile subsystem, marking the company's first major entry into systems-level integration for advanced defence platforms, according to a stock exchange filing on Friday.
The order involves a mission-critical structural assembly forming part of a strategic missile subsystem for the BrahMos programme. The company did not disclose the value of the order, citing strategic and confidentiality considerations.
"This is not a routine component order. It represents PTC's entry into a higher-value part of the defence manufacturing chain -- systems and sub-systems integration," the company said in its press release ...
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