Bharat Electronics announced orders worth Rs 4,300 crore from the Indian Army and Indian Navy.
The company announced in a regulatory filing made after trading hours yesterday that the Ministry of Defence (MoD), Government of India, has signed a contract worth Rs 3000 crore with Bharat Electronics (BEL) for the supply of ‘integrated electronic warfare systems’ for the Indian Army. The ‘integrated electronic warfare systems’ for the Indian Army are cutting-edge technologies that have been indigenously developed and manufactured by BEL based on the design of the defence electronics research laboratory (DLRL), DRDO. These integrated systems will be a true force multiplier, increasing the Indian Army’s electronic warfare capability by leaps and bounds.
Furthermore, during the last two weeks, BEL has received several contracts totaling approximately Rs 1300 crore from the Indian Navy for the supply of indigenously developed fire control, gun fire control, surveillance, tracking, ESM, sonar systems, and so on. Bharat Electronics (BEL) is a Navratna PSU that designs, manufactures, and supplies products and systems in a wide range of fields in the defence sector, including radars, missile systems, military communications, naval systems, electronic warfare & avionics, C4I systems, electro optics, tank electronics & gun/weapon system upgrades, and electronic fuzes.