BEL Order Book Crosses INR 50K Cr Mark
Bharat Electronics Limited (BEL) informs that an INR 9,200 crore order for supply of seven Long Range Surface-to-Air Missile (LRSAM) systems has pushed the order book of Navratna Defence PSU BEL beyond ₹50,000 crore for the first time in history of BEL.
The Company is confident that this is just a beginning and is looking at maintaining a healthy order inflow with business segments such as Radars & Weapon Systems, Electronic Warfare Systems, Fire Control Systems, Communication Systems and C4I Systems driving its growth in the coming days.
Highest ever single value order
BEL has entered into contracts worth about INR 9,200 crore with Mazagon Dock Limited (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 BEL.