India, Oct. 15 -- The Government of India has issued a release:
The Ministry of Defence has signed contracts worth a total of approximately Rs 4,106 crore for the acquisition of a dedicated communication satellite capability, GSAT-7C 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 inked with New Space India Limited, Bengaluru. This indigenously designed, developed & manufactured satellite will enhance the secure, resilient & seamless communication capabilities for the assets of the Indian Air Force, thereby strengthening operational effectiveness.
The contract for Varunastra was signed with Bharat Dynamics Limited, Hyderabad worth Rs 1,543 crore....