2.70 (0.66%) Bharat Electronics (BEL) has entered into contracts worth about Rs 9,200 crore with Mazagon Dock (MDL) and Garden Reach Shipbuilders and Engineers (GRSE) to supply LRSAM systems to be fitted onboard seven ships to be built by these two shipbuilders. This is the highest-ever single value order bagged by the company.
With this, the company’s order book has crossed Rs 50,000 crore for the first time as on September 5, 2018.
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.