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Defence Ministry Signs ₹4,666 Crore Deals to Purchase Carbines and Torpedoes

Written by: Team Angel OneUpdated on: 31 Dec 2025, 4:56 pm IST
India’s Defence Ministry has finalised ₹4,666 crore procurement deals covering carbines for the Army and Navy and torpedoes for submarines.
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The Ministry of Defence on Tuesday signed contracts worth a total of ₹4,666 crore for the procurement of close quarter battle (CQB) carbines and heavyweight torpedoes. The contracts were signed at South Block in New Delhi, with Defence Secretary Rajesh Kumar Singh present at the signing. 

The procurements are intended for the Indian Army and the Indian Navy and fall under the ministry’s capital acquisition programme for the current financial year. 

CQB Carbines Form Major Portion 

Contracts worth ₹2,770 crore were signed with Bharat Forge Ltd and PLR Systems Pvt Ltd for the supply of over 4.25 lakh CQB carbines, along with associated accessories. The weapons will be inducted by both the Army and the Navy. 

The Defence Ministry said the new carbines are meant to replace older small arms currently in service. The CQB carbines are compact firearms for close-range operations, particularly in confined spaces and urban settings. 

Domestic Production Involvement 

According to the ministry, the CQB carbine programme involves Indian private sector manufacturers. It is also expected to include micro, small, and medium enterprises through component manufacturing and raw material supply. 

The project is part of the government’s effort to increase the share of domestically produced equipment in defence procurement. 

Torpedoes for Navy Submarines 

Separately, a contract valued at about ₹1,896 crore was signed with WASS Submarine Systems SRL of Italy for the procurement and integration of 48 heavyweight torpedoes. These torpedoes will be installed on the Indian Navy’s Kalvari-class submarines built under Project 75. 

The ministry said the acquisition will be used across the Navy’s six Kalvari-class submarines. Delivery of the torpedoes is scheduled to begin in April 2028 and is expected to be completed by early 2030. 

Defence Spending in FY26 

The Defence Ministry said the latest contracts are part of its capital spending plans. In FY26 so far, the ministry has signed capital acquisition contracts worth ₹1.82 lakh crore for equipment upgrades across the armed forces. 

Read More: Defence Sector Recap 2025: A Year of Modernisation, Exports and Indigenisation! 

Conclusion 

The ₹4,666 crore agreements cover both small arms for ground forces and underwater weapon systems for the Navy, adding to the ministry’s current round of defence procurements. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Dec 31, 2025, 11:26 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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