$150 bn opportunity in defence system requirements: DRDO

The defence system requirements for the country is opening up an opportunity of $150 billion for the industry in the next five years, said A Sivathanu Pillai, chief controller (R&D), Defence Research and Development Organisation (DRDO) and CEO & managing director of BrahMos Aerospace Pvt Ltd. Out of this, over $100 billion opportunity is for the Indian companies.

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