Commodore Siddharth Mishra (Retd), CMD, BDL stated that MRSAM is one of the best examples of joint development of a weapon system. BDL has already completed the Navy order and now both Army and Air Force programmes are moving simultaneously.
MRSAN is a high response, quick reaction, vertically launched a supersonic missile, designed to neutralize enemy aerial threats — missiles, aircraft, guided bombs, helicopters. Used by Army, Navy and Air Force as different variants. The missile has a range of up to 70 km.
As per the regulatory filing, a missile system can provide point and area defence against various aerial targets including fighter aircraft, subsonic & supersonic cruise missiles. The Missile is powered by an indigenously developed dual-pulse rocket motor and dual control system to impart the required manoeuvrability at the terminal phase. This state of art weapon system is designed with an active Radio Frequency seeker to identify, track, engage and destroy the target with a high kill probability.
The Company is also aiming to expand its footprints in the international market by offering Air to Air Missiles, Anti-Tank Guided missiles, underwater weapons and Counter Measure Systems in addition to Akash Missiles to friendly countries.
At around 3.19 PM, BDL was trading at Rs406 per piece up by Rs21.60 or 5.6% on Sensex.