BEL order book exceeds Rs 50,000 crore landmark

BEL enters into contracts worth Rs 9,200 crore with Mazagon Dock Limited and Garden Reach Shipbuilders and Engineers to supply LRSAM systems

GN Bureau | September 11, 2018


#PSU   #BEL  

Defence PSU Bharat Electronics Ltd’s (BEL) order book has crossed the mark of Rs 50,000 crore for the first time after it bagged Rs 9,200 crore-order for supply of seven long range surface-to-air missile (LRSAM) systems.

BEL exuded confidence to maintain a healthy order inflow with business segments such as radars and weapon systems, electronic warfare systems, fire control systems, communication systems and C4I systems driving its growth in the coming days.

It has entered into contracts worth about Rs 9,200 crore with Mazagon Dock Limited (MDL) and Garden Reach Shipbuilders and Engineers (GRSE) to supply LRSAM systems to be fitted onboard seven ships to be built by these two shipbuilders. This is the highest-ever single value order bagged by BEL.
As the lead integrator of Akash Missile system, BEL has already proven its prowess in the realm of Turnkey Missile Systems. The company is now geared up for futuristic programmes such as the quick response surface to air missile (QRSAM) for the Army, medium range surface to air missile (MRSAM) for the Air Force and Long Range Surface to Air Missile (LRSAM) for the Navy. BEL is the lead integrator of LRSAM systems for the Navy’s P-17A stealth frigates.

Comments

 

Other News

A gender perspective on migration

Khohar, a village located in Alwar district of Rajasthan, nestled in the foothills of Aravalis, is home to 154 families, most of whom are farmers by profession. The village has a large adult population with 65 percent over the age of 18. The village educational levels are relatively low, with household h

Is the political will lacking to make Delhi`s air clean?

Is the political will lacking to make Delhi`s air clean?

For the sunset years

The New Pension Scheme (NPS), the government of India’s flagship pension scheme, has been subject to a number of important reforms in recent times. This is a welcome change from the norm wherein the government’s and the regulators’ interest in pension products is passing at best. The Pe

Who will pay the price of overpopulation?

Olden days of civilisation experienced famines and natural disasters that caused human misery. While human population was limited, natural habitats were undisturbed and abundant; so calamities of nature were absorbed without any serious consequences. However, this no longer holds true in the current

Schooling change

Jhunjhunu, in northern Rajasthan, is known for its grand havelis and the frescoes on their walls. But they weren’t on prime minister Narendra Modi’s mind when he spoke of the desert town in his Mann Ki Baat radio talk of March 2018. What he focused on, instead, were the government schools in

The road ahead

A fter mixed response from the EPC (engineering, procurement and construction) and BOT-Annuity (build, own, transfer) model, the road sector in India is exploring the Hybrid Annuity Model (HAM) for roadways construction. In HAM, 40 percent of the project cost is provided by the government as ‘const

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter