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Dr Prahlada is popularly known for his role as the Project Director for Akash SAM missile system. He has also been Program Director for India's SLBM K15, supersonic cruise missile Brahmos and has led the Integrated Guided Missile Development Program ,IGMDP, as the Chairman of the Program Board. As the Director of DRDL he has initiated many new projects like Astra air to air missile system, Long Range Surface to air missile system for naval application, JV Project Brahmos Supersonic cruise missile system and hypersonic technology demonstrator. Since 1971 he has served in various ISRO and DRDO Establishments covering VSSC Trivandrum, ADE Bangalore and DRDL Hyderabad. His areas of interest cover aerodynamics, flight controls, guidance, propulsion, system design and system engineering, Project Management, Research Management and Technology Management. He has been the President and Chairman of many organisations, Fellow of many professional bodies and has won a number of awards including Padma Shri.