BEL receives Rs 695 Cr order for supply of missile systems spares from Mazagon Dock

Bharat Electronics Limited (BEL), one of the 16 Defence Public Sector Units (DPSUs) under India’s Ministry of Defence, has received an order from Mazagon Dock Shipbuilders worth Rs 695 Crore for supply of spares related to missile systems.

Besides, the company has also received additional orders worth Rs.339.31 Crore since the last disclosure on 26th Dec 2023.

Notably, these orders pertain to Combat Management System, Composite Communication System, Transmit / Receive Modules, Mobile Autonomous Stabilization System and other spares / services.

With the above, BEL has received cumulative orders of Rs.27,647.31 Crore in the current financial year.

About Bharat Electronics Limited (BEL)

Navratna Defence PSU BEL was established in 1954 under the Ministry of Defence, Government of India, with a farsighted vision to make the country self-reliant in Defence electronics.

Today, BEL is a multi-product, multi-technology, multi-Unit conglomerate which designs, manufactures and supplies state-of-the-art products and systems in a wide variety of fields including Radars, Missile Systems, Military Communications, Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro Optics, Tank Electronics & Gun/Weapon System Upgrades, and Electronic Fuzes in the Defence segment.

While, its non-Defence business segment includes areas such as Electronic Voting Machines, Homeland Security & Smart Cities, Satellite Integration & Space Electronics, Railways, Artificial Intelligence, Cyber Security, Software as a Service, Energy Storage Products, besides Composite Shelters & Masts.