BDL gets Rs 1,187 crores contract from Navy
Update: 2019-06-13 23:32 IST
Hyderabad: Bharat Dynamics Limited (BDL) has signed a contract worth of Rs 1,187.82 crore for supply of heavy weight torpedoes to Indian Navy.
The contract was signed by N P Diwakar, Director (Technical), BDL and Nidhi Chhibber, Joint Secretary & Acquisition Manager (Maritime & Systems), Ministry of Defence, at New Delhi on Tuesday.
The execution of contract will be in next 42 months. The weapon will be manufactured at BDL Visakhapatnam Unit under collaboration with DRDO.
The Heavy Weight Torpedo or the Varunastra is a ship launched, electrically propelled underwater weapon equipped with one of the most advanced automatic and remote-controlled guidance systems.