BDL Signs Rs 1,307-Crore Contract with Indian Navy for Heavyweight Torpedoes

New Delhi: Bharat Dynamics Limited has signed a contract with the Indian Navy. The deal is worth about Rs 1,307 crore plus taxes. Bharat Dynamics Limited will supply torpedoes.

Bharat Dynamics Limited disclosed the agreement, in a filing dated October 15 2026. It said the contract will be executed within 42 months.

BDL stated that the order is a domestic contract. It also clarified that the awarding entity has no interest in the company’s promoter or promoter-group companies and that the agreement does not fall under related-party transactions.