Next-Generation Corvette Contract Set For Signing This Quarter After Brief Delay
The Indian Navy’s ₹33,000–36,000 crore Next-Generation Corvette (NGC) program, originally expected to be signed in March 2026, has been slightly delayed but is now firmly anticipated to be concluded within this quarter.Garden Reach Shipbuilders & Engineers (GRSE), which secured the lowest bidder status, has confirmed that price negotiations are complete and the contract is at the final
The Indian Navy’s ₹33,000–36,000 crore Next-Generation Corvette (NGC) program, originally expected to be signed in March 2026, has been slightly delayed but is now firmly anticipated to be concluded within this quarter.Garden Reach Shipbuilders & Engineers (GRSE), which secured the lowest bidder status, has confirmed that price negotiations are complete and the contract is at the final
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