MOU
BDL Inks ToT Agreement with NSTL
Chennai: Bharat Dynamics Limited, a Mini-Ratna Government of India Enterprise under Ministry of Defence and Naval Science & Technological Laboratory (NSTL, under DRDO) have signed a 'Licensing Agreement for Transfer of Technology' for productionization of Varunastra.
The signed agreement document was presented by Hon’ble Raksha Rajya Mantri Dr. Subhash Bhamre to Shri V. Udaya Bhaskar, CMD, BDL in the presence of Hon’ble Raksha Mantri Smt. R. Nirmala Seetharaman on the sidelines of DEFEXPO-2018 at Chennai on 11 April, 2018.
Chief of Naval Staff, Secretary Defence R&D & Chairman, DRDO, SA to RM and senior officials from DRDO and Ministry of Defence were also present on the occasion.
Varunastra is an advanced ship- launched heavyweight anti-submarine Torpedo designed and developed by NSTL. BDL is the Production Agency for Varunastra. The Company has established a dedicated manufacturing unit at Visakhapatnam exclusively for producing all underwater weapons.
As per the agreement, DRDO would transfer the 'Technology' for manufacture, testing and maintenance of Varunastra. BDL, as the production agency, will manufacture and supply Varunastra torpedo systems to the Indian Navy.
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