Cochin Shipyard on Friday said it has won a contract worth over Rs 3,000 crore for making indigenous aircraft carrier for the Indian Navy.
The contract covers the operational and harbour acceptance trials of various equipment and systems installed onboard and also the sea trials of the carrier.
"Cochin Shipyard Ltd signed the Phase-III contract for construction of the Indigenous Aircraft Carrier on October 31, 2019," the company said in a statement.
The order also covers some activities which are to be undertaken post-delivery of the vessel including support during weapon and aviation trials, the statement said adding that the contract value is above Rs 3,000 crore.
The agreement was signed between the Ministry of Defence and Cochin Shipyard.
London-Bound Air India Flight Receives Bomb Threat, Suspect Detained "Should Never Have Happened": High Court On Stampeme At Kerala University Fest Kerala Rights Panel Files Case After 4 Killed In Campus Stampede Amid Huge Row, Karnataka Pauses Bill For Reservation In Private Sector Firms Travel Influencer Aanvi Kamdar Dies After Falling Off A Waterfall Near Mumbai "I Divorce You... Your Ex-Wife": Dubai Princess Dumps Husband In Insta Post Biden Tests Positive For Covid As Age Worries Mount Biden Says Could Drop Election Bid If "Medical Condition" Emerged Russia Says It's Ready To Work With Any US Leader Track Latest News Live on NDTV.com and get news updates from India and around the world.