The Ministry of Defence signed two significant defence contracts totaling ₹4,106 crore on October 15, 2026, in New Delhi. The first contract, valued at ₹2,563 crore, was signed with New Space India Limited, Bengaluru for the GSAT-7C communication satellite for the Indian Air Force. This indigenously designed, developed and manufactured satellite will enhance secure, resilient and seamless communication capabilities for IAF assets, thereby strengthening operational effectiveness.
The second contract, worth ₹1,543 crore, was signed with Bharat Dynamics Limited, Hyderabad for Varunastra Heavy Weight Torpedoes for the Indian Navy. Developed by the Naval Science and Technological Laboratory, Varunastra is an indigenous ship-launched anti-submarine torpedo equipped with advanced maneuvering capabilities capable of engaging enemy submarines at long ranges, thereby enhancing the Indian Navy's anti-submarine warfare capability.
The contracts were signed in the presence of Additional Secretary and Director General (Acquisition), Department of Defence Shri A Anbarasu. Both contracts represent a significant step toward advancing domestic defence manufacturing capabilities while promoting self-reliance in critical technologies, aligning with the Government's 'Aatmanirbhar Bharat' and 'Make-in-India' vision.