The Defence Ministry today signed a contract with Bharat Dynamics Limited for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) for the Indian Navy at a cost of around three thousand crore rupees. According to the Ministry, the MRSAM system is a standard fit, onboard multiple Indian Naval Ships and is planned to be fitted on the majority of the future platforms planned for acquisition. It said that the contract marks a critical milestone in the ongoing efforts to bolster India’s defence capabilities and indigenous advanced military technology.