Bharat Dynamics Limited (BDL) has signed a contract worth of Rs 1,187.82 crores for supply of heavy weight torpedoes to the Indian Navy.
The contract was signed by Shri NP Diwakar, Director (Technical), BDL and Ms Nidhi Chhibber, Joint Secretary & Acquisition Manager (Maritime & Systems), Ministry of Defence, Govt. of India at New Delhi on Tuesday (11-06-2019).
The execution of contract will be carried out 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. The weapon system uses its own intelligence in tracing the target.