The Indian Government-owned aerospace and defence electronics company, DPSU BEL (Bharat Electronics Limited) has set a target of Rs 20,300 crore for financial year 2023-24 as demand for indigenous products is driving growth for the company, as reported by PTI. In an interview with PTI, Chairman and Managing Director Bhanu Prakash Srivastava said the order…
Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs.3446.69 Crore, registering a growth of 12.51% during the 1 st Quarter of FY 2023-24 over the Turnover of Rs. 3063.58 Crore recorded in the corresponding period of the previous year. Profit Before Tax (PBT) during the 1 st Quarter of FY 2023-24…
Bharat Electronics Limited (BEL), a Navratna Defence PSU, and CoRover Private Limited, a human-centric conversational and generative AI company, have signed a two-year, non-exclusive Memorandum of Understanding (MoU) to collaborate as partners and indigenously develop and deploy emerging technologies and technical solutions to address the requirements of AI-based solutions, especially Conversational AI-based virtual assistants. This…
Navratna Defence PSU Bharat Electronics Limited (BEL) has received new Defence and non-Defence orders worth Rs. 2,191 Cr. Above orders are for supply of Long-Range Guidance Kit with Warhead, Airborne V/UHF Jammer, Battlefield Surveillance Radar (Short Range) Upgrade, Missile Guidance Radar & Control Centre, Upgraded Radio Relay (F) with Data Modem Encryption Unit Mk II,…
Bharat Electronics Limited (BEL), a Navratna Defence PSU, and HFCL Limited (HFCL), a leading technology enterprise, have signed a two-year, non-exclusive Memorandum of Understanding (MoU) to leverage the strengths and capabilities of both the organisations and partner to indigenously develop and deploy emerging technologies and technical solutions to address the requirements of Defence, Telecom and…
Bharat Electronics Limited (BEL) has received orders worth Rs 5,900 crores as of June 20 in the financial year 2023-24. In its regulatory filling, the company has stated that it has received order for two regiments of Improved Akash Weapon System (AWS) with upgrades from BDL for a value of Rs 3,914 crores. About Akash…
Company Overview of Bharat Electronics Limited Type: Public Sector Undertaking Year of Establishment: 1954 Industries: Electronics Components Company Size: 9850 Employees Headquarters: Bangalore, Karnataka Management Info: Chairman and MD: M V Gowtama Turnover (As on 1st August 2023): Rs Rs 3446.69 Crore About Bharat Electronics Limited Bharat Electronics Limited is a Navratna PSU (under the…
The Ministry of Defence (MoD) on March 23, 2023 has signed two separate contracts with Bharat Electronics Limited (BEL), at a total cost of over Rs 3,700 Crores to enhance the operational capabilities of the Indian Air Force (IAF). These projects will enhance the surveillance, detection, tracking & Electronic Warfare (EW) capabilities of Indian Air…
DPSU Bharat Electronics Ltd (BEL) has signed a Memorandum of Understanding (MoU) with Israel Aerospace Industries (IAI) for domestic manufacturing and supply of its Long-Range Artillery (LORA) weapon system for the three Indian Armed Forces. The state-of-the-art strategic weapon system will be manufactured by BEL, as the prime contractor, based on the workshare arrangement with…
DPSU Bharat Electronics Limited (BEL) has signed a Licensing Agreement for Transfer of Technology (LATOT) with Combat Aircraft Systems Development and Integration Centre (CASDIC), a laboratory under the DRDO, for transfer of technology of the Digital Radar Warning Receiver. Through the pact, CASDIC will transfer complete details of the technical know-how, testing and maintenance method…
