BDL bags Rs 1,307 crore Indian Navy contract for heavyweight torpedoes

New Delhi: Bharat Dynamics Limited (BDL) has signed a contract worth approximately Rs 1,307 crore, plus taxes, with the Indian Navy for the supply of heavyweight torpedoes.

The defence public sector undertaking signed the contract on October 15, 2026, according to a regulatory filing submitted to stock exchanges on the same day.

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The contract is to be executed within 42 months, BDL said in its regulatory filing.

The order has been classified as a domestic contract. BDL also clarified that the awarding entity has no interest involving the promoter or promoter group companies and that the contract does not fall under related-party transactions.

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