MoD signs Rs 1,350 crore contract for Integrated Anti-Submarine Warfare Defence Suites with an Indian company

Ministry of Defence (MoD) has concluded a contract with Mahindra Defence Systems Limited for procurement of 14 Integrated Anti-Submarine Warfare (ASW) Defence Suites (IADS) at a cost of Rs 1,349.95 crore in New Delhi on August 27, 2021. The contract with an Indian firm under the ‘Buy and Make (Indian)’ category of defence procurement is an important boost to India’s ‘Atmanirbhar Bharat’ mission and provides a major fillip to indigenous defence industry in technology development and production. The system will enhance anti-submarine warfare capability of Indian Navy.

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