New Delhi: In a move to refurbish IGLA-1M missiles, Bharat Dynamics Limited (BDL) and Indian Army inked a contract here worth Rs 471.41 crore.  The refurbishment will give a fresh lease of life to the missile for 10 years.

Besides  refurbishment, the public sector defence unit also deals with manufacture and supply of guided missiles and associated equipment, underwater weapon systems, airborne weapon systems, ground support equipment and product life cycle support.

To upgrade its technological capability, the firm has made a paradigm shift in its manufacturing processes by leveraging niche technologies, adopting practices like industry 4.0, and operating latest surface mounted devices assembly lines, said a press release.