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Bharat Electronics wins contract worth Rs 3,172 crore

28 Jun 2024 Evaluate

Bharat Electronics (BEL) has signed a contract valued at Rs 3,172 crore with Armoured Vehicles Nigam (AVNL) on June 28, 2024, at AVNL Headquarters in Chennai. The project entails the supply and installation of an advanced, indigenously designed and developed Sighting and Fire Control System (FCS) for the upgrade of BMP 2/2K Tanks of the Indian Army, along with a comprehensive Engineering Support Package. 

Recently, the company secured other orders valued at Rs 481 crore which comprises of Doppler Weather Radar, Classroom jammers, spares and services etc. With these, the company has received accumulated orders totalling Rs 4,803 crore in the current financial year.

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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