Mahindra Defence Systems bags Indian Navy contract worth Rs 1,349.95 crore

28 Aug 2021 10:55:14
New Delhi, Aug 28: Bagging a huge deal, the Defence Ministry awarded a major contract to Mahindra & Mahindra-led Mahindra Defence Systems Limited (MDS) worth Rs 1349.95 crores for the manufacturing of Integrated Anti-Submarine Warfare Defence Suite (IADS) for modern warships of Indian Navy.
 
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The contract came after competitive bids from Indian companies were invited by the Ministry through open tender wherein the systems fielded were put through detailed trials at sea to prove their capability.
 
 
The IADS is high-end underwater equipment that uses the latest technology. It is designed to detect and protect warships from underwater threats. It is a versatile system capable of operations from all sizes of warships - small, medium, and large.
 
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The complex array of sensors in water undertakes surveillance and provides inputs for signal processing and analysis. The warship then employs methods to neutralize the underwater threats.
 
SP Shukla, Chairman, Mahindra Defence Systems Limited, said, “It is the first major contract with the private sector meant for underwater detection and protection from threats. This contract once again epitomizes the success of the Atmanirbhar Bharat initiative.” This advanced technology system is the first of its kind being developed by an Indian company for Indian Navy.
 
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Mahindra Defence qualified by proving the capability of the system through comprehensive testing by the Indian MoD in actual operations at sea before being declared as winner on commercial bid. Mahindra Defence would be supplying 14 IADS Systems for the Indian Navy warships.
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