MoneyWorks4Me

Bharat Electronics bags orders worth around Rs 5900 crore

20 Jun 2023 Evaluate

Bharat Electronics has bagged orders worth around Rs 5900 crore as of June 20, 2023 in the financial year 2023-24. The company has received order for 2 Regiments of Improved Akash Weapon System (AWS) with upgrades from BDL for a value of Rs 3914 crore. Akash is an all-weather, point/area air-defence weapon system intended for defending vulnerable points/areas against threats emanating from low, medium and high altitudes. The system uses high mobility vehicles for mobile application.

The company has secured other significant orders valued at Rs 1984 crore for Shakti EW & Sanket MK III (Naval Systems), GBMES & GBVU Com Jammer systems, MKBT systems, IFF-MKXII Crypto Modules & Up gradation of SDP & Display of Rohini Radar, Training system for CMS P15B & CAMC of CMS for P 28 etc.

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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