India’s BDL wins Konkurs ATGW deal with Indian Army

India’s Bharat Dynamics Limited (BDL) announced that it has signed a contract to manufacture the Konkurs-M anti-tank guided weapon (ATGW) system for the Indian Army.

BDL said in a filing to the Bombay Stock Exchange that the contract was signed on 2 February and is worth INR31.31 billion (USD419 million). The company, which is majority-owned by the government, said the deal will be executed in three years but disclosed no details about the number of Konkurs-M weapons to be produced.

In the filing, BDL’s chairman and managing director Siddharth Mishra said the Konkurs-M will be built by BDL through a licencing agreement with an unspecified Russian original equipment manufacturer (OEM). The agreement enables BDL to offer the system to export customers, he added.

Local firm India Optel Limited (IOL) indicated in a tweet that it was partnering with BDL in the programme by supplying opto-electronic solutions for the new batch of Konkurs-M.