iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Bharat Electronics bags contracts of Rs 5,498 crore

31 Mar 2023 , 12:12 PM

Bharat Electronics has gotten contracts worth Rs 5,498 crore from Ministry of Defence

Bharat Electronics Ltd (BEL) has announced that it has secured ten contracts worth Rs 5,498 crore from the Ministry of Defence (MoD).

The Ministry of Defence has signed a contract with BEL Bangalore for the supply of 90 units of EW Suite Equipment for Medium Lift Helicopters. 

Additionally, the MoD has signed a maintenance contract with BEL Bangalore for the Akash Missile System, covering two squadrons. The AMS is a medium-range surface-to-air missile system developed by DRDO and manufactured by BEL.

Further, BEL Ghaziabad has been awarded the contract for Project Akashteer, which involves the development of an Automated Air Defence Control and Reporting System. 

BEL Kotdwara has been awarded the contract to manufacture the Instant Fire Detection and Suppressing System (IFDSS) for the T 72 tank. This system has been designed indigenously by DRDO and will be produced by BEL Kotdwara.

The latest state-of-the-art Portables Software Defined Radio (SDR) for the Indian Navy, comprising 1265 units, has been jointly developed by DEAL (DRDO) and BEL, stated BEL.

The HD VLF HF Receiver is a communication equipment consisting of 1178 units, which has been specifically designed for receiving and demodulating data and voice in the VLF and HF bands of operation. The equipment will be used in Indian Navy’s ships and submarines.

The Sarang system, consisting of 12 units, will be installed on the Kamov 31 helicopters used by the Indian Navy. DLRL has developed and designed the project, which will be manufactured in Hyderabad by BEL.

BEL also received three more projects from Indian Navy – INS-SA, CMS for P17 & P28, Varuna EW.

For feedback and suggestions, write to us at editorial@iifl.com

explored-media

 

Related Tags

  • BEL
  • BEL Order
  • Bharat Electronics
  • Ministry of Defence
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

Indian markets close on a positive note
14 Jun 2024|06:41 PM
Sensex and Nifty Surge
14 Jun 2024|06:43 PM
LIC stock price up by more than 5% today
14 Jun 2024|06:44 PM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.