Bharat Dynamics Ltd (BDL) announced on Wednesday that it has signed a contract worth Rs 3,131.82 crore with the Indian Army for the production and supply of Konkurs-M anti-tank guided missiles.
The contract will be executed over the next three years. With this order, BDL’s backlog stands at Rs 11,400 crore, the company said in a statement. “BDL has increased its production capacity to meet Konkurs-M’s domestic and foreign demand. As part of its global reach, BDL also offers man-portable anti-tank guided missiles, Nag, Milan2T, and Amogha, in addition to Konkurs-M, for export,” he said. added the press release. Konkurs-M is manufactured by BDL under a license agreement with a Russian OEM (Original Equipment Manufacturer).
The missile has been indigenized to the maximum. BDL also offers Konkurs-M missiles for export to foreign friends, he said. Konkurs-M is a second-generation mechanized infantry-guided anti-tank missile for the destruction of armored vehicles equipped with explosive reaction armor. The missile can be launched from both the BMPII tank and the ground launcher.
It has a range of between 75 and 4,000 meters with a flight time of 19 seconds. technology with foreign OEMs “overseas,” the statement said. Shares of BDL closed down 0.92% at Rs 487.40 on BSE on Wednesday.