Bharat Dynamics Signs INR 1,188 Crore Deal for Torpedoes
To be manufactured in collaboration with DRDO, the contract to supply indigenous heavy weight torpedoes to Indian Navy will be executed in the next 42 months
The government-owned defence manufacturing company Bharat Dynamics Limited (BDL) has signed a contract for INR 1,187.82 crores with the Indian Navy for supply of indigenous heavy weight torpedoes.
The contract was signed by NP Diwakar, director (technical), BDL and Nidhi Chhibber, joint secretary & acquisition manager (maritime & systems), ministry of defence, at New Delhi on June 13.
BDL said the prestigious heavy weight torpedo, Varunastra, designed and developed by the Naval Science and Technology Laboratory is a ship launched, electrically propelled underwater weapon equipped with one of the most advanced automatic and remote controlled guidance systems. The weapon system uses its own intelligence in tracing the target. Varunastra has GPS based locating aid, besides advanced autonomous guidance algorithms with low drift navigational aids, insensitive warhead which can operate in various combat scenarios.
According to the reports, Bharat Dynamics will execute the contract in next 42 months. The company in in collaboration with the DRDO will manufacture the weapon at its Visakhapatnam unit.