HYDERABAD: Hyderabad: City-based Bharat Dynamics Limited (BDL) has signed a ‘Licensing Agreement for Transfer of Technology’ for production of the anti-submarine torpedo called Varunastra, according to a press note issued here on Wednesday.

The document was presented to BDL chairman and managing director V Udaya Bhaskar by Union Minister of State for Defence Subhash Bhamre in the presence of Union Defence Minister Nirmala Seetharaman in Chennai.

Chief of Naval Staff, Defence Secretary, and senior officials from the Union Ministry of Defence and the Defence Research and Development Organisation (DRDO) were present on the occasion.

Varunastra is an advanced ship-launched heavyweight anti-submarine torpedo, designed and developed by the Visakhapatnam-based Naval Science and Technological Laboratory (NSTL).

As per the agreement, DRDO would transfer the technology for manufacturing, testing and maintenance of Varunastra to BDL which will now manufacture and supply Varunastra torpedo systems to the Indian Navy.