Bharat Dynamics Limited (BDL), a Defence PSU under the Govt. of India, entered into a Memorandum of Understanding (MoU) with Larsen & Toubro (L&T) for export of Torpedoes (LWT- XP), designed and developed at NSTL, Visakhaptnam and manufactured by BDL. Shri V. Udaya Bhaskar, CMD, BDL and Shri Jayanth Patil, Head of Defence, L&T exchanged the MoU documents in the presence of Shri Arun Jaitley, Hon’ble Union Minister of Defence and Finance and Dr Subhash Bhamre, Hon’ble Raksha Rajya Mantri, Govt. of India on 24 March, 2017 at New Delhi.
Dr S. Christopher, Chairman, DRDO and Secretary, Department of Defence R&D, Dr SC Sati, Outstanding Scientist and Director General, Naval Systems & Materials, DRDO, Shri K. Divakar, Director (Technical), BDL, Shri Arun T. Ramchandani, Head of Guns, Missiles and Armoured Vehicles, L&T were present on the occasion.