Mainframe Jobs in Karnataka
India's Ministry of Defence signed two significant deals to greatly enhance its submarine fleet. While one of the deals was signed with France's Naval Group, the larger of the two contracts was signed with Mumbai's Mazagon Dock Shipbuilders under the 'Atmanirbhar Bharat' initiative. The two contracts have a combined value of Rs 2,867 crore. While the contract with France's Naval Group, worth Rs 877 crore, pertains to more advanced torpedo technology, the contract with Mazagon Dock, worth around Rs 1,990 crore, is over DRDO's new indigenous submarine propulsion system. "The Ministry of Defence has signed two contracts, worth approximately Rs 2,867 crore, for the construction of Air Independent Propulsion (AIP) Plug for DRDO-AIP system and its integration onboard Indian submarines; and the integration of electronic heavy weight torpedo (EHWT) onboard the Kalvari-class submarines," a ministry statement read. DEAL WITH FRANCE'S NAVAL GROUP The ...