Bharat Dynamics Signs ₹1,307 Crore Torpedo Contract

Contract Details

Bharat Dynamics Limited signed a contract on 15 October 2026 for the supply of heavyweight torpedoes.

Financial Value

The contract is valued at approximately ₹1,307 crore plus applicable taxes.

Execution Timeline

The contract is to be completed within 42 months from the signing date.

Contract Origin

The order was awarded by a domestic entity (not specified).

Significant Terms and Conditions

• Nature of contract: Supply of Heavyweight Torpedoes
• Domestic contract award
• No interest by promoter/promoter group/group companies in the entity that awarded the contract
• Does not qualify as a related party transaction
• Transaction is at arm's length (not applicable as it's not a related party transaction)