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.
