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Thursday, July 25, 2024

Cochin Shipyard to Build Six Stealth Missile Vessels for Indian Navy

Cochin Shipyard Limited (CSL), a state-owned enterprise, has secured a contract to construct six Next Generation Missile Vessels (NGMV) for the Indian Navy. The contract value is ₹ 9,805 crore and the delivery of ships is expected to start from March 2027.

The NGMVs will be advanced weapon platforms with stealth, high speed and offensive features. They will be able to attack enemy warships, merchant vessels and land targets.

They will also be able to conduct maritime strike operations and anti-surface warfare operations. They will be effective in denying access to enemy ships in strategic locations.

The NGMVs will be used for local naval defence operations and protection of offshore development areas. CSL Chairman and Managing Director Madhu S Nair said that the shipyard was eager to take up the NGMV project after successfully completing the country’s first indigenous aircraft carrier, INS Vikrant.

CSL is also constructing eight Anti Submarine Warfare Shallow Water Crafts for the Navy, which are in different stages of completion at the yard.

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