Defence ministry inks Rs 4,106 crore contracts for IAF communication satellite, Navy torpedoes

Economic Times - Oct 15, 2026

The government signed contracts worth Rs 4,106 crore for the Indian Air Force and the Indian Navy. One contract is for a GSAT-7C satellite to improve communication capabilities. The other is for Varunastra torpedoes designed to enhance anti-submarine warfare capabilities. Both contracts aim to promote self-reliance in defense manufacturing in India. This move aligns with the government’s Aatmanirbhar Bharat and Make-in-India initiatives.

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Oct 18, 2026

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