Stories
Defence Ministry Signs ₹4,106 Crore Deals for Navy Torpedoes and Air Force Satellite
- •The Ministry of Defence signed two contracts worth a combined ₹4,106 crore to enhance the Indian Navy anti-submarine warfare capabilities and the Indian Air Force communications infrastructure.
- •Bharat Dynamics Ltd secured a ₹1,543 crore contract to supply indigenously developed Varunastra heavyweight torpedoes to the Indian Navy.
- •NewSpace India Ltd received a ₹2,563 crore contract to acquire the GSAT-7C communication satellite for secure and reliable operations in the Indian Air Force.
- •Both contracts align with the government Aatmanirbhar Bharat and Make in India initiatives to boost domestic defence manufacturing.
Key Questions Answered
The Ministry of Defence signed two contracts worth a combined ₹4,106 crore to enhance the Indian Navy’s anti-submarine warfare capabilities and the Indian Air Force’s communications infrastructure. The agreements include the supply of indigenous Varunastra heavyweight torpedoes by Bharat Dynamics Ltd and the acquisition of the GSAT-7C communication satellite through NewSpace India Ltd.
The Ministry of Defence valued the Varunastra heavyweight torpedo contract with Bharat Dynamics Ltd at ₹1,543 crore, including taxes. The order is scheduled to be completed within 42 months.
The defence ministry signed a ₹2,563-crore contract with Bengaluru-based NewSpace India Ltd for the indigenously designed GSAT-7C communication satellite. The satellite will provide secure and reliable communications for the Indian Air Force's assets, thereby improving overall connectivity and operational effectiveness.
