{"id":10952,"date":"2025-01-20T08:02:16","date_gmt":"2025-01-20T08:02:16","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=10952"},"modified":"2025-01-20T08:02:16","modified_gmt":"2025-01-20T08:02:16","slug":"ministry-of-defence-contract","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/ministry-of-defence-contract\/","title":{"rendered":"Mega Defence Deal &#8211; Ministry of Defence &amp; Bharat Dynamics Enters Contract"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/ministry-of-defence-contract\/#MoD_Bharat_Dynamics_Deal\" >MoD &amp; Bharat Dynamics Deal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/ministry-of-defence-contract\/#Share_Market_Reaction\" >Share Market Reaction\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/shoonya.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/latest-news\/\">News<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>Mega Defence Deal &#8211; Ministry of Defence &amp; Bharat Dynamics Enters Contract<\/strong><\/span><\/span><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On Thursday, 16 Jan 2025, the <strong>Ministry of Defence contracts<\/strong> with Bharat Dynamics<strong> <\/strong>worth<strong> <\/strong>\u20b9<strong> <\/strong>2960 crore for Medium-Range Surface-to-Air Missiles (<strong>MRSAM<\/strong>) supply. In the presence of the Defence Secretary, Rajesh Kumar Singh, the deal was signed by both parties and it is believed that this deal will help boost the country\u2019s current efforts to ramp up defence capabilities and make advancements in the field of military technology.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mod-amp-bharat-dynamics-deal\"><span class=\"ez-toc-section\" id=\"MoD_Bharat_Dynamics_Deal\"><\/span><strong>MoD &amp; Bharat Dynamics Deal<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>mrsam system<\/strong> is one of the most versatile <strong>Indian defence systems<\/strong> that is used for multiple Naval ships in India. This system will be further upgraded to be used for the naval platforms that are now being acquired.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As per the contract, <strong>Bharat Dynamics Limited<\/strong> (BDL) will be supplying these missiles under the \u2018Buy Indian\u2019 category which is mostly indigenous content.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This \u20b92960 crore deal is expected to benefit the economy as well by generating 3.5 lakh man-days of employment which can help MSMEs working in the defence sector. The project will build a supply chain which can benefit these enterprises.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-share-market-reaction\"><span class=\"ez-toc-section\" id=\"Share_Market_Reaction\"><\/span><strong>Share Market Reaction\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As the deal was announced on Thursday, the <strong>BDL shares<\/strong> went up by 6% in the second half of Thursday\u2019s trading session. In the past five trading sessions, the share price gained over 20% which is mainly owing to this deal. Today, as of 1:15 pm the share of Bharat Dynamics is trading around \u20b91330.95, gaining around 4.29% from the previous close.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source: <a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=2093286\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">PIB<\/mark><\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">______________________________________________________________________________________<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\"><strong>Disclaimer<\/strong><\/mark>: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\r\n<script>function 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In the presence of the Defence Secretary, Rajesh Kumar Singh, the deal was signed by both parties and it is believed that this deal will help boost the country\u2019s current efforts to &hellip; <a href=\"https:\/\/shoonya.com\/blog\/ministry-of-defence-contract\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Mega Defence Deal &#8211; Ministry of Defence &amp; Bharat Dynamics Enters Contract&#8221;<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":10953,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[1082],"tags":[6441,6442,6439,6444,6440,6445,6443],"class_list":["post-10952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-bdl-shares","tag-bharat-dynamics-limited","tag-defence-ministry","tag-indias-defence-system","tag-ministry-of-defence-contracts","tag-mod-contracts","tag-mrsam-system"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ministry of Defence signs Rs. 2960 crore deal with Bharat Dynamics<\/title>\n<meta name=\"description\" content=\"MoD and BDL entered into a \u20b92960 crore contract to up the defence capabilities and advance the technology used in military operations.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shoonya.com\/blog\/ministry-of-defence-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ministry of Defence signs Rs. 2960 crore deal with Bharat Dynamics\" \/>\n<meta property=\"og:description\" content=\"MoD and BDL entered into a \u20b92960 crore contract to up the defence capabilities and advance the technology used in military operations.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shoonya.com\/blog\/ministry-of-defence-contract\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ShoonyaApp\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-20T08:02:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/01\/MoD-Bharat-Dynamics-Deal.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ministry of Defence signs Rs. 2960 crore deal with Bharat Dynamics\" \/>\n<meta name=\"twitter:description\" content=\"MoD and BDL entered into a \u20b92960 crore contract to up the defence capabilities and advance the technology used in military operations.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/01\/MoD-Bharat-Dynamics-Deal.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@shoonyaapp\" \/>\n<meta name=\"twitter:site\" content=\"@shoonyaapp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/ministry-of-defence-contract\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/ministry-of-defence-contract\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\"},\"headline\":\"Mega Defence Deal &#8211; 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