The contract for GSAT-7C, valued at INR 25.63 billion, was signed with New Space India Limited
Strengthening communication and anti-submarine warfare capabilities, India’s Ministry of Defence has signed contracts worth INR 41.06 billion for the Indian Air Force’s GSAT-7C communication satellite and the Indian Navy’s Varunastra heavy weight torpedoes, with New Space India Limited and Bharat Dynamics on Thursday.
In a press statement, Ministry of Defence says that the contract for GSAT-7C, valued at INR 25.63 billion, was signed with New Space India Limited (NSIL), Bengaluru. The indigenously designed, developed and manufactured satellite will provide secure and uninterrupted communication for Indian Air Force assets.
The contracts were signed in New Delhi in the presence of A Anbarasu, Additional Secretary and Director General (Acquisition) in the Department of Defence
The statement adds that the second contract, worth INR 15.43 billion, was signed with Bharat Dynamics Limited (BDL), Hyderabad, for Varunastra heavy weight torpedoes. Developed by the Naval Science and Technological Laboratory, the ship-launched torpedo is designed to engage enemy submarines at long ranges and 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) in the Department of Defence.
