India, Oct. 15 -- The Ministry of Defence has signed contracts worth approximately Rs 4,106 crore for the acquisition of the GSAT-7C communication satellite for the Indian Air Force and Varunastra Heavy Weight Torpedoes for the Indian Navy.
The contract for GSAT-7C, valued at Rs 2,563 crore, was signed with New Space India Limited (NSIL), Bengaluru. The indigenously designed, developed and manufactured satellite will enhance secure and resilient communication capabilities for Indian Air Force assets, strengthening operational effectiveness.
Separately, a Rs 1,543-crore contract for Varunastra Heavy Weight Torpedoes was signed with Bharat Dynamics Limited (BDL), Hyderabad. Developed by the Naval Science and Technological Laboratory, Varuna...