Bharat Dynamics Share Price in Focus; Secures ₹810.79 Crore Order from Ministry of Defence

Bharat Dynamics Limited has signed a ₹810.79 crore contract with the Ministry of Defence for the supply of Satellite Smart Anti Airfield Weapons, or SAT-SAAW, along with associated equipment for the Indian Air Force, as per the exchange filing. 

The contract was signed on September 23, 2026, under the Buy (Indian - Indigenously Designed, Developed and Manufactured) category. Deliveries are planned over FY2027-28 and FY2028-29. 

SAT-SAAW Order Worth ₹810.79 Crore 

The contract covers SAT-SAAW, an air-to-ground precision-guided glide bomb. The weapon can be launched from aircraft platforms including the Jaguar, Hawk, and Su-30 MKI. 

The system is designed to engage enemy airfields from a long stand-off range. 

DRDO-Developed Weapon Has 60% Indigenous Content 

SAT-SAAW has been indigenously designed and developed by the Defence Research and Development Organisation (DRDO). 

The system will have 60% indigenous content, while certain components are also being indigenised. These include the Initial Measurement Unit, Long Impact Delay Fuse, and Twin Store Carrier. 

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Deliveries Spread Across Two Financial Years 

Bharat Dynamics is scheduled to execute the contract between FY2027-28 and FY2028-29. 

The order is for the Indian Air Force, with the contract classified as a domestic order. The company has not disclosed a more specific delivery schedule in the announcement. 

Focus On Indigenous Defence Production 

The contract falls under the Buy (Indian - Indigenously Designed, Developed and Manufactured) category. Along with the SAT-SAAW weapon, the indigenisation of selected subsystems forms part of the programme. 

The company said the additional indigenisation is intended to further support self-reliance in defence. 

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Bharat Dynamics Share Price Performance  

As of 24 September 2026, at 10:39 AM, Bharat Dynamics Limited share price is trading at ₹1,176 per share, reflecting a surge of 1.29% from the previous trading session. 

Conclusion 

The ₹810.79 crore contract adds SAT-SAAW production to Bharat Dynamics' current order pipeline. With deliveries scheduled across FY2027-28 and FY2028-29, the contract covers an indigenous precision-guided weapon developed by DRDO for the Indian Air Force. 

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