New Delhi, October 15: The Ministry of Defence on Thursday signed contracts worth approximately Rs 4,106 crore for the acquisition of a dedicated communication satellite for the Indian Air Force (IAF) and Varunastra heavy-weight torpedoes for the Indian Navy.
The contract for the GSAT-7C communication satellite, valued at Rs 2,563 crore, was signed with New Space India Limited, Bengaluru. The indigenously designed, developed and manufactured satellite is expected to enhance secure and seamless communication among IAF assets, strengthening the force’s operational capabilities.
The ministry also signed a Rs 1,543-crore contract with Bharat Dynamics Limited, Hyderabad, for Varunastra heavy-weight torpedoes.
Developed by the Naval Science and Technological Laboratory, Varunastra is an indigenous, ship-launched anti-submarine torpedo equipped with advanced manoeuvring capabilities. It is designed to engage enemy submarines at long ranges and is expected to strengthen the Indian Navy’s anti-submarine warfare capabilities.
The contracts were signed in New Delhi in the presence of A Anbarasu, Additional Secretary and Director General (Acquisition), Department of Defence.
According to the Ministry of Defence, the agreements are aimed at strengthening domestic defence manufacturing and promoting self-reliance in critical technologies under the government’s Aatmanirbhar Bharat and Make in India initiatives.
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