3100+ Crore Rupees contract signed with BDL for Konkurs M ATGM
The Indian Army will get Konkurs-M, anti-tank guided missiles, manufactured by Bharat Dynamics Limited (BDL), Hyderabad. BDL and the Indian Army signed a contract worth Rs 3,131.82 crore for manufacture and supply of the missiles. Konkurs-M is a second generation, mechanized infantry anti-tank guided missile, to destroy armored vehicles equipped with explosive reactive armour. The missile can be launched either from BMP-II tank or from ground launcher. It has a range between 75 to 4,000 metre with a flight time of 19 seconds.
The contract, which was signed in New Delhi today on Wednesday, will be executed in three years. “The order book position of BDL stands at Rs 11,400 crore net including the Konkurs-M contract signed today,” BDL said in a statement.
CMD, BDL Commodore Siddharth Mishra (Retd) said Konkurs -M were being manufactured by BDL under license agreement with a Russian OEM (Original Equipment Manufacturer). “The missile has been indigenized up to maximum extent. BDL is also offering Konkurs- M missiles for export to friendly foreign countries,” he said.
BDL has augmented its manufacturing capacity to meet the domestic as well as overseas demand for Konkurs M. As a part of its global outreach, BDL is also offering Man Portable Anti-Tank Guided Missiles, Nag, Milan-2T and Amogha, in addition to Konkurs –M, for exports.
“BDL is laying a lot of thrust on indigenization of its products manufactured under Transfer of Technology with foreign OEMs. The Atmanirbharat mission initiated by the Government of India has given momentum to the indigenization efforts of the Company. The Company is also strengthening its in-house R & D capabilities to take up product innovation in order to mitigate Indian armed forces’ product dependency on foreign countries,” BDL said.