Mahindra Defence Systems (MDS) has signed a contract with the Indian Ministry of Defence (MoD) to supply integrated anti-submarine warfare defence suites (IADS) for the Indian Navy.
The order is valued at approximately $183.45m (Rs13.5bn).
Several Indian companies participated in the competitive bid process and their systems were also demonstrated during trials at sea.
MDS won the commercial bid and the company’s IADS system qualified after a comprehensive testing conducted by the Indian MoD in actual operations at sea.
Under the order awarded by the MoD, MDS would deliver 14 IADS systems for installation on the Indian Navy’s warships.
According to the Indian MoD, IADS is a high-end underwater equipment that uses modern technology.
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It is designed to detect and protect warships from under sea threats and can operate from all sizes of small, medium and large warships.
The IADS can detect enemy submarines and torpedoes at extended ranges and is also capable of countering underwater torpedoes or other threats.
Mahindra Defence Systems Limited chairman SP Shukla said: “It is the first major contract with the private sector meant for underwater detection and protection from threats.
“This contract once again epitomises the success of the Atmanirbhar Bharat initiative.”
Atmanirbhar Bharat aims to make India self-reliant and increase domestic defence manufacturing in the country.
In July 2015, Mahindra Defence Naval Systems partnered with Ultra Electronics UK to develop new equipment for underwater warfare for the Indian Navy.