PIB News
MoD signs Rs 4,106 crore contracts for GSAT-7C satellite and Varunastra torpedoes
The Ministry of Defence has signed contracts totaling approximately Rs 4,106 crore for the GSAT-7C communication satellite and Varunastra Heavy Weight Torpedoes on October 15, 2026. The GSAT-7C contract, worth Rs 2,563 crore, was awarded to New Space India Limited and aims to enhance communication capabilities for the Indian Air Force. The Varunastra torpedo contract, valued at Rs 1,543 crore, was signed with Bharat Dynamics Limited and focuses on improving the Indian Navy's anti-submarine warfare capabilities. These agreements represent a significant advancement in domestic defense manufacturing and support the goal of self-reliance in India's defense sector.
The Radius summarizes this story. Read the original report from PIB News.
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