Business Standard

Friday, December 20, 2024 | 11:43 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Bharat Dynamics to supply Astra Mark-1 missiles worth Rs 2,971 crore

With air-to-air missiles costing about Rs 15 crore each, the Astra will provide major business opportunities to Indian firms

Astra Mark-1
Premium

The Astra BVRAAM involves radically different technology challenges compared to ballistic and tactical missiles

Ajai Shukla New Delhi
The Ministry of Defence (MoD) signed a contract on Tuesday with Bharat Dynamics Limited (BDL) for building Astra Mark-1 beyond visual range air-to-air missiles (BVRAAMs) worth Rs 2,971 crore for the Indian Air Force (IAF) and the Navy. 

The Astra Mark-1 missile, which has been developed by the Defence Research & Development Organisation (DRDO), can engage enemy fighter aircraft at ranges of up to 75 kilometres, the MoD told the Lok Sabha on May 6, 2016.

“Till now, the technology to manufacture missile of this class indigenously was not available,” the MoD stated on Tuesday. Developed by the DRDO, it will be

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in