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
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.
An underground rapper who grew up on Mumbai streets, Divine spins his music around his environment and poverty. His breakout single, ‘Meri Gully Mein’, along with fellow rapper Naezy caught Bollywood’s attention. The Hindi film ‘Gully Boy’ is inspired by their lives and gr
Anil Swarup, an IAS officer of Uttar Pradesh cadre who retired in 2018, is a model bureaucrat who retained his optimism right till the end of service and exemplified dedication and commitment. His excitement at the opportunities that a job in the IAS provided is evident on every page of his new book publis
The question of reform of the civil services has been debated extensively at all levels at least over the last five to six decades after independence. Indeed, it was soon perceived that the Indian Administrative Service (IAS) may not be well equipped to deal with the problems of an emerging developing coun
Shouting vengeance at all and sundry while wriggling out of holes of our own making seems to be our very special national characteristic. Some recent instances are illustrative of this attribute. A number of business tycoons with thousands of crores of unresolved debts have fled abroad with the government
The Central Bureau of Investigation (CBI) came into existence, based on a Resolution of the home ministry, dated April 1, 1963 – a sheer coincidence that it also happens to be April Fool’s day. Over the past few months, we have seen the CBI live up to its founding day with great zeal, being i
Gujarat was passing through a turbulent phase in the 1980s. The decade began middle class agitations against new reservation policies, and the caste friction turned communal under the watch of chief minister Madhavsinh Solanki, alienating majority of urban population on both counts. The ground was ripe for