Don’t miss the latest developments in business and finance.

Mazagon Dock Shipbuilders wins order of Rs 1990 cr from Ministry of Defence

Image
Last Updated : Dec 31 2024 | 1:16 PM IST
Mazagon Dock Shipbuilders (MDL) announced that Ministry of Defence signed a contract of Rs. 1,990 crore with the company for construction of Air Independent Propulsion Plug for DRDOAIP system & its integration into conventional submarines to enhance their endurance.

The AIP technology is being indigenously developed by DRDO. The project pertaining to construction of AIP-Plug and its integration will enhance the endurance of conventional submarines. MDL is proud to be a partner in this unique program and to significantly contribute towards the Aatmanirbhar Bharat initiative.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 31 2024 | 1:05 PM IST

Next Story