MoD signs ₹811 crore deal for SAT-SAAW bombs
pre-market1 source ↓written by the desknot a recommendation
- contract with Bharat
- ₹810.79-crore
- to enhance
- 160 SAT-SAAW glide bombs
The Ministry of Defence signed a ₹810.79-crore contract with Bharat Dynamics Limited for 160 SAT-SAAW glide bombs to enhance the Indian Air Force's precision strike capability. This procurement falls under the Buy (Indian-Indigenously Designed, Developed and Manufactured) category, reflecting a push for indigenous defense production.
This contract may boost sentiment in the defense sector, particularly for Bharat Dynamics Limited, as it signifies ongoing government investment in military capabilities.
Not investment advice. For informational purposes only.