3.15 (0.77%) Bharat Electronics (BEL) is reportedly looking to ink a contract by end-2018 for seven more Long Range Surface-to-Air Missile (LRSAM) systems as part of the Navy’s P-17A stealth frigate programme. The defence electronics manufacturer has already signed a contract for the first four systems.
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.