Bharat Dynamics IPO: Proxy play on huge missile procurement opportunity over next decade; Subscribe | Indianotes.com
Bharat Dynamics (BDL) is one of the leading defence PSUs in India engaged in the manufacture of Surface-to-Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment. BDL is the sole supplier of SAMs and ATGMs to the Indian armed forces. Founded in 1970, BDL has over four decades of experience in manufacturing missiles, countermeasures and its allied equipments. The company is also a co-development partner with DRDO for the next generation of ATGMs and SAMs.
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