MoD inks Rs 4,106 crore contracts for GSAT-7C communication satellite and Varunastra Heavy Weight Torpedoes
The Ministry of Defence has signed contracts totaling approximately Rs 4,106 crore to procure the GSAT-7C communication satellite for the Indian Air Force and Varunastra Heavy Weight Torpedoes for the Indian Navy. The Rs 2,563 crore contract for the indigenously designed and manufactured GSAT-7C satellite was inked with New Space India Limited, Bengaluru, to enhance secure and seamless communication for IAF assets. The Rs 1,543 crore contract for Varunastra, an indigenous ship-launched anti-submarine torpedo developed by the Naval Science and Technological Laboratory, was signed with Bharat Dynamics Limited, Hyderabad. These contracts support domestic defence manufacturing and self-reliance under the 'Aatmanirbhar Bharat' and 'Make-in-India' initiatives.