Deals2 Apr 2025, 10:34 pm
Bharat Electronics Ltd. Secures Rs.593.22 Crores Order from Indian Air Force for Akash Missile System Maintenance
AI Summary
Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has signed a contract with the Indian Air Force valued at Rs.593.22 Crores (excluding taxes) for providing maintenance services for the Akash Missile System, which was supplied by BEL. This order acquisition marks the beginning of the financial year 2025-26 for BEL. Additionally, the company has concluded negotiations with customers for acquisition of orders worth Rs.5,000 Crores (Rupees five thousand crores).
Key Highlights
- BEL secures Rs.593.22 Crores maintenance contract from Indian Air Force for Akash Missile System
- The contract marks the beginning of the financial year 2025-26 for BEL
- BEL has also concluded negotiations for orders worth Rs.5,000 Crores