Bharat Dynamics Ltd (BDL), here has signed a contract with Ministry of Defence for supplying Invar Anti Tank Guided Missiles to Indian Army.
The contract is valued about Rs 3,000 crore. The deliveries are expected to be completed over the next five years. Invar is a laser beam rider anti tank guided missile that can be fired from T-90 tank.
The missile has a range of 5 km. The missile can neutralise adversaries tanks fitted with explosive reactive armour protection.
BDL, a public sector company under Department of Defence Production, has been manufacturing these missiles under technical collaboration with Rosoboronexport of Russia, a press release said.