Bharat Electronics (BEL) has inked a Memorandum of Understanding (MoU) with Hindustan Aeronautics (HAL) to share their expertise in design, development, engineering and manufacturing to develop and produce advanced airborne communication equipment to meet the requirement of the defence services. The MoU sets to define the roles and responsibilities of both the DPSUs for development of specific airborne communication equipment.
HAL and BEL have agreed to share the business from the Indian defence services. HAL has the expertise in design, development, engineering, manufacture of airborne communications equipment, whereas BEL has the expertise in design, development, engineering and manufacture of communications and secrecy products and solutions.
Bharat Electronics is a multi-product, multi-technology, multi-unit conglomerate with over 350 products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.
Company Name | CMP |
---|---|
BHEL | 278.80 |
Bharat Electronics | 238.90 |
Thermax | 4388.45 |
Kirloskar Oil Eng | 1024.40 |
Praj Industries | 522.90 |
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