Defence ministry signs pact worth INR 8.11 bln with Bharat Dynamics
This story was originally published at 18:29 IST on 23 September 2026
Register to read our real-time news.Informist, Wednesday, Sept. 23, 2026
--Defence ministry inks pact worth INR 8.11 bln with Bharat Dynamics
--Defence ministry inks pact with Bharat Dynamics to buy anti-airfield weapon
MUMBAI – The Ministry of Defence has signed a contract with Bharat Dynamics Ltd. to procure 160 satellite smart anti-airfield weapons and associated equipment for the Indian Air Force for INR 8.1 billion. The weapons are expected to be delivered between 2027 and 2029, according to a press release from the ministry.
The contract was awarded to Bharat Dynamics under the "Buy (Indian - Indigenously Designed, Developed and Manufactured)" category. It was signed in the presence of Defence Secretary Rajesh Kumar Singh in New Delhi Wednesday.
The satellite anti-airfield weapons are air-to-ground precision-guided glide bombs that can be launched from aircraft such as the Jaguar, Hawk, and Su-30MKI. They have the capability to neutralise enemy airfields from a long stand-off range. The weapon is designed and developed by the Defence Research and Development Organisation and a majority of its components will be made in India, along with its sub-systems like an initial measurement unit, long impact delay fuse, and twin-store carrier, according to the release.
For the June quarter, Bharat Dynamics had reported a net profit of INR 1.19 billion on revenues of INR 5.72 billion. Wednesday, its shares ended at INR 1,161 apiece on the National Stock Exchange, down 0.6% from Tuesday. End
Reported by Eshitva Prakash
Edited by Himanshi Gupta
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe


