2.70 (0.66%) Bharat Electronics (BEL) has entered into contracts with Mazagon Dock Shipbuilders (MDL), Mumbai and Garden Reach Shipbuilders and Engineers (GRSE), Kolkata for supply and services of LRSAM systems for 7 ships being built by MDL and GRSE, for the new ship building program.
The total value of the contracts is about Rs 9,200 crore. The supplies/deliveries will be made meeting the manufacturing timeline of the new ship. This is the highest ever single value order BEL has been awarded.
BEL 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.