27 Apr 2022 , 12:43 PM
The proposed IRST system will be a high end strategic technology product in the field of defence avionics and technically competitive to existing IRST system in the global market with features of Television Day Camera, Infrared & LASER sensors in single window for air to air and air to ground target tracking and localization. The system will enhance the Indian Air Force’s air superiority.
Suneel Kumar Srivastava, GM, HAL (Korwa) and Loyola Pedro Vianney G., GM, BEL (Chennai) signed the contract. Arup Chatterjee, Director, Engineering and R&D (HAL) and Mr M V Rajasekhar, Director, R&D (BEL) were present on the occasion.
The joining hands of two defence PSUs for development of technologically critical IRST gives impetus to “Atmanirbhar Bharat” in the defence sector. This initiative also opens the future path in the field of indigenous defence manufacturing for development of high end strategic technology product of IRST for various platforms in global competitive environment.
At around 12:46 PM, Bharat Electronics was trading at Rs243.80 apiece down by 2.66% while HAL was trading at Rs1,639.15 apiece down by 0.35% on the BSE.
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