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BEL secures Rs 2,118.57 crore order from Cochin Shipyard

Manufacturing  -  Sep 16,2023  - 

Bharat Electronics Limited was awarded a Rs 2,118.57 crore contract from Cochin Shipyard Limited to supply sensors, weapon equipment, fire control systems, and communication equipment for six next-generation missile vessels and anti-surface warfare corvettes for the Indian Navy.

This initiative will involve Indian electronics and adjacent businesses, including MSMEs that are BEL sub-vendors, according to a statement issued by the Bengaluru-based company on Friday.

The equipment manufactured by BEL are part of 'Aatmanirbhar Bharat' programme.

The company has also received additional orders worth Rs 886 crore since the last disclosure on August 25 and the said orders pertain to upgrade of AFNET SATCOM N/W, upgrade of Akash missiles with RF Seeker, inertial navigation system and other equipment with accessories and spares, among others.

"With this, BEL has in all received orders worth Rs 14,384 crore till now in the financial year 2023-24", it added.

Company : Bharat Electronics Ltd

Cochin Shipyard Ltd