Defence Ministry Signs Rs 4,106 Crore Contracts for GSAT-7C Satellite and Varunastra Torpedoes
The Ministry of Defence signed two contracts worth about Rs 4,106 crore in New Delhi on 15 October 2026, in the presence of Additional Secretary and Director General (Acquisition) A Anbarasu. The larger, worth Rs 2,563 crore, is with New Space India Limited, Bengaluru, for the GSAT-7C dedicated communication satellite capability, giving the Indian Air Force secure, resilient and seamless connectivity across its assets. The second, worth Rs 1,543 crore, is with Bharat Dynamics Limited, Hyderabad, for Varunastra ship-launched anti-submarine heavy weight torpedoes developed by the Naval Science and Technological Laboratory, capable of engaging enemy submarines at long ranges.
New Space India Limited, incorporated in March 2019 with headquarters at Bengaluru, is the commercial arm of ISRO under the Department of Space | Bharat Dynamics Limited, founded in 1970 and headquartered at Hyderabad, is a Defence PSU manufacturing missiles and torpedoes | In the GSAT-7 series of military communication satellites, GSAT-7 'Rukmini' serves the Navy and GSAT-7A 'Angry Bird' the Air Force