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Bharat Electronics receive orders worth Rs 5900 crore

Jun 21, 2023

By: BlinkX Research Team

Bharat Electronics Limited (BEL) said in the regulatory filing on Tuesday that it has received orders worth Rs 5900 crore as of today in the financial year 2023-24.

The company received an order for 2 Regiments of Improved Akash Weapon System (AWS) with upgrades from BDL for a value of Rs. 3914 Crore, announced through an exchange filing.

Akash is an all-weather, point/area air-defence weapon system intended for defending vulnerable points/areas against threats emanating from low, medium and high altitudes. The system uses high-mobility vehicles for mobile applications, the company said.

The improvements incorporated include high altitude operation, simultaneous engagement of multiple threats over 360 degrees, missiles fitted with RF Seeker and reduced footprint.

Other significant orders received inter-alia include orders for Shakti EW & Sanket MK III (Naval Systems), GBMES & GBVU Com Jammer systems, MKBT systems, IFF-MKXII Crypto Modules & Up gradation of SDP & Display of Rohini Radar, Training system for CMS P15B & CAMC of CMS for P 28, etc., it added.

Source: Media reports