Tuesday, May 17, 2022

BDL signs Rs 3,131.82 crore deal with Army to supply Konkurs-M

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New Delhi: Bharat Dynamics Limited (BDL) and the Indian Army have signed a contract worth Rs 3,131.82 crore for the manufacture and supply of Konkurs – M Anti-Tank Guided Missiles to the Indian Army. The contract, which has been signed in New Delhi on Wednesday, will be executed in three years. Konkurs – M is a second-generation, mechanized infantry Anti-Tank Guided Missile, to destroy armoured vehicles equipped with explosive reactive armour. The Missile can be launched either from a BMP-II tank or from a ground launcher. It has a range between 75 to 4000 metres with a flight time of 19 secs. With this contract, the order book position of BDL stands at Rs 11,400 crore.

BDL's Chairman & Managing Director (CMD) Commodore Siddharth Mishra (Retd) stated that Konkurs – M is being manufactured by BDL under a license agreement with a Russian OEM (original equipment manufacturer). The missile has been indigenized up to the maximum extent. BDL is also offering Konkurs- M missiles for export to friendly foreign countries.

BDL has augmented its manufacturing capacity to meet the domestic as well as overseas demand for Konkurs – M. As a part of its global outreach, BDL is also offering Man-Portable Anti-Tank Guided Missiles, Nag, Milan-2T and Amogha, in addition to Konkurs – M, for exports.

BDL is laying a lot of thrust on the indigenisation of its products manufactured under Transfer of Technology with foreign OEMs. The Atmanirbharta mission initiated by the government of India has given momentum to the indigenization efforts of the Company. The Company is also strengthening its in-house R&D capabilities to take up product innovation in order to mitigate Indian armed forces’ product dependency on foreign countries.

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