Ministry of Defence signs ₹811 crore contract for glide bombs
after close1 source ↓written by the desknot a recommendation
- contract with Bharat
- ₹810.79-crore
- SAT-SAAW to enhance
- 160 Satellite Smart Anti-Airfield Weapons
The Ministry of Defence signed a ₹810.79-crore contract with Bharat Dynamics Limited for 160 Satellite Smart Anti-Airfield Weapons (SAT-SAAW) to enhance the IAF's precision strike capability. This procurement falls under the Buy (Indian-Indigenously Designed, Developed and Manufactured) category, reflecting a push for indigenization in defense manufacturing.
This contract may positively impact Bharat Dynamics Limited by boosting its order book and enhancing investor sentiment in the defense sector.
Not investment advice. For informational purposes only.