29.6 C
Delhi
Tuesday, July 1, 2025

MoD inks Rs 2,960 cr deal with BDL for surface-to-air missiles for Indian Navy

Date:

Share post:

Donate-GC-Razorpay

New Delhi: The Ministry of Defence (MoD) on Thursday signed a contract with Bharat Dynamics Limited (BDL) for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) worth approximately Rs 2,960 crore.

The contract was inked by the officials of MoD and BDL in the presence of Defence Secretary Rajesh Kumar Singh here, a Defence Ministry statement said.

The MRSAM system is a standard fit, onboard multiple Indian Naval Ships and is planned to be fitted on the majority of the future platforms planned for acquisition.

The contract marks a critical milestone in the ongoing efforts to bolster India’s defence capabilities and indigenise advanced military technology.

With the emphasis on ‘Aatmanirbhar Bharat,’ the missiles would be supplied by BDL under the ‘Buy (Indian)’ category with largely indigenous content. The contract would generate employment of approx. 3.5 lakh mandays in the defence industry, including various MSMEs.

Related articles

After Delhi’s Yash Kumar Murder, Victim’s Family Receive Death Threats

In yet another tragic incident that sent shockwaves around the national capital and beyond, 20-year-old Yash Kumar was...

Rs 580 cr tax evasion detected in Kerala in year 2024-25

Thiruvananthapuram: The Thiruvananthapuram GST Zone has achieved significant milestones in revenue growth and detection in tax evasion. The...

Syria may sign peace agreement with Israel in coming months – Reports

Beirut: The issue of normalizing relations between Syria and Israel has been practically resolved, and an agreement may...

Record 256,000 migrants returned to Afghanistan from Iran in June – IOM

Tehran: A record 256,000 undocumented Afghan migrants returned to their homeland from Iran in June, and there are...