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Indian Economy - Understanding the basics of Indian economic system

09-Jul-21

Bharat Dynamics Ltd signs Rs 499-crore deal with Indian Air Force for Akash missiles

The Bharat Dynamics Limited (BDL) has signed a contract with the Ministry of Defence for the manufacture and supply of Akash missiles to the Indian Air Force (IAF).
The total worth of the deal is around Rs 499 crore.
Akash is a medium-range mobile surface-to-air missile (SAM) system, being developed under India’s Integrated Guided Missile Development Programme (IGMDP).
BDL is the prime production agency for projects under IGMDP.
Akash missile is developed by the Defence Research and Development Organisation (DRDO) and produced by Bharat Dynamics Limited (BDL), both for the Indian Army and the Indian Air Force.