2.70 (0.66%) Bharat Electronics (BEL) has signed a memorandum of understanding (MoU) with Defence PSU Hindustan Shipyard (HSL) to carry out joint development, manufacturing and product upgrades of identified products / systems and to capitalise on the emerging opportunities in the domestic Defence, non-Defence and Export markets.
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.