15-Oct-2026 16:35:10
Bharat Dynamics Bags ₹1,307 Crore Indian Navy Order for Heavyweight Torpedoes
Bharat Dynamics (BDL) has signed a ₹1,307 crore contract, excluding taxes, with the Indian Navy to supply heavyweight torpedoes. The domestic defence order, signed on October 15, must be executed within 42 months. The contract strengthens BDL’s naval weapons business and adds to its order pipeline amid India’s push for indigenous defence manufacturing. The company confirmed that the contract involves no promoter interest or related-party transactions.