HYDERABAD: The Union Defence Ministry on Friday signed a Rs 1,188-crore deal with the Bharat Dynamics Limited (BDL) - manufacturers of ammunition and missile systems from Hyderabad - for the supply of 4,960 Milan-2T Anti-Tank Guided Missiles (ATGMs) to the Indian Army. "This will boost the Centre's 'Make in India' initiative. It is a 'Repeat Order' of contract, which was signed with the BDL on March 8, 2016," the ministry in a statement.
The BDL is also working on the export of weapon systems to friendly foreign nations. The contract was signed by Dipti Mohil Chawla, Joint Secretary (AM & LS), on behalf of the ministry, Acquisition Wing, and Commodore TN Kaul (Retd), Executive Director (Marketing), on behalf of the BDL.