Mahindra Defence Systems (MDS) Bags 1350 Crore Contract from Indian Navy

Mahindra Defence Systems (MDS) bags a contract worth 1350 crore from Indian Navy for manufacturing integrated anti-submarine warfare defence suite.

Editorial Staff

Mahindra Defence Systems (MDS) Bags 1350 Crore Contract from Indian Navy

The Ministry of Defence (MoD) solicited competitive bids from Indian firms via open tender. The Indian government has conferred Mahindra & Mahindra Ltd's group business, Mahindra Defence Systems (MDS) Limited, a contract for Rs 1,349.95 crore for the manufacture of Integrated Anti-Submarine Warfare Defence Suite (IADS) for new warships of the Indian Navy. The Ministry of Defence (MoD) solicited competitive proposals from Indian businesses via open bidding, and the systems fielded were put through thorough trials at sea to establish their competence, Mahindra & Mahindra stated in a regulatory filing. It was also announced that Mahindra Defence will deliver 14-IADS systems to Indian Navy vessels. SP Shukla, Chairman of Mahindra Defence Systems Ltd, commented on the development "It is the first big contract with the private sector for underwater detection and threat prevention. This deal exemplifies the success of the Atmanirbhar Bharat program once again." According …

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