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Bharat Electronics secures order of Rs 1,109 crore from Defence ministry

30 Mar 2022 Evaluate

Bharat Electronics (BEL) has secured an order form Defence ministry for the development of an electronic warfare equipment for the Indian Air Force at a cost of Rs 1,109 crore. The ministry described the contract for the development of the Instrumented Electronic Warfare Range (IEWR) as a ‘significant step’ toward enhancing the capabilities of the IAF to prepare for future warfare.

BEL is a multi-product, multi-technology, multi-unit conglomerate with various 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.

Peers
Company Name CMP
Hindustan Aeronaut. 4739.00
Bharat Electronics 386.00
Aequs 259.95
Astra Microwave Prod 1590.15
Axiscades Tech. 1884.40
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