The Strategic Engineering Division (SED) of the Company has signed the Pinaka 3 contract with the Ministry of Defence, Government of India. Pinaka Multi Barrel Launcher Rocket System is an all-weather indirect fire artillery rocket system.
- Value of contract: INR 490 Crores
- Time period: 31 Months after accord of Bulk Production Clearance (BPC) after the First off Production Model (FOPM) (which has timeline of 6 months after contract signing) is validated and BPC is granted