iifl-logo

Invest wise with Expert advice

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

sidebar image

Hindustan Aeronautics and Bharat Electronics sign contract for indigenous IRST for Su-30

27 Apr 2022 , 12:43 PM

Hindustan Aeronautics Limited (HAL), and Bharat Electronics Limited (BEL) signed a contract for co-development and co-production of Long Range Dual Band Infra-Red Search and Track System (IRST) for Su-30 MKI here on Tuesday under the MAKE-II procedure of Defence Acquisition Procedure (DAP) 2020, as part of the ‘Make in India’ initiative.

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.

Related Tags

  • Aatmanirbhar Bharat
  • announcement
  • Bharat Electronics Ltd
  • Bharat Electronics Ltd shares
  • Bharat Electronics Ltd stocks
  • HAL partnership
  • Hindustan Aeronautics contract
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

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

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
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.