October 15, 2026 5:33 PM
MoD signs Rs 4,106 crore contracts for GSAT-7C satellite, Varunastra torpedoes
The Ministry of Defence on Thursday signed contracts worth approximately Rs 4,106 crore for the acquisition of the GSAT-7C communication satellite for the Indian Air Force (IAF) and Varunastra Heavy Weight Torpedoes for the Indian Navy, strengthening defence capabilities. The contract for GSAT-7C, valued at Rs 2,563 crore, was signed with New Space India Limited, Bengaluru. The indigenously designed, developed and manufactured satellite will enhance secure, resilient and seamless communication ...