BDL bags IAF order worth Rs 372.98 crore to supply MRSAM Missiles

  • Defence PSU BDL has bagged an IAF order worth Rs 372.98 crore

  • BDL will supply Medium-Range Surface-to-Air Missiles (MRSAM) to the forces

New Delhi: Bharat Dynamics Limited (BDL), a Hyderabad-based Miniratna Defence PSU, on Monday said that it has received an order worth Rs 372.98 crore from the Indian Air Force (IAF) to supply Medium-Range Surface-to-Air Missiles (MRSAM) to the forces. The order has to be executed on or before November 30, 2023, in lots. This information has been shared by the Defence PSU in the regulatory filing to the stock exchange on Monday.

The Medium-Range Surface-to-Air Missile (MRSAM) was developed by India’s Defence Research and Development Organization (DRDO) in collaboration with Israel Aerospace Industries (IAI) and being manufactured at BDL. Earlier, in August 2019, the missile system was handed over to the Indian Air Force (IAF). The missile is designed to provide the armed forces with air defence capability against a variety of aerial threats at medium ranges.

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Bharat Dynamics Limited (BDL)

Bharat Dynamics Limited (BDL) is a manufacturer of ammunitions and missile systems. It was founded in 1970 in Hyderabad, Telangana. BDL was established in the year 1970 as a manufacturing base for guided weapon systems. Begun with a pool of engineers drawn from Indian Ordnance Factories, DRDO and aerospace industries, BDL began by producing a first-generation anti-tank guided missile – the “French SS11B1.” This product was a culmination of a licence agreement the government entered into with Aerospatiale. The defence PSU has three manufacturing units, located at Kanchanbagh Hyderabad (Telangana), Bhanur, Medak district of Telangana and Visakhapatnam (Andhra Pradesh). Two New Units are planned at Ibrahimpatnam, Ranga Reddy district, Telangana and Amravati, Maharashtra. 

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