Deals28 Jun 2024, 08:56 pm
Bharat Electronics Secures Rs.3,172 Crores Order from Armoured Vehicles Nigam Limited
AI Summary
Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has signed a contract worth Rs.3,172 Crores with Armoured Vehicles Nigam Limited (AVNL) for the supply and installation of an advanced, indigenously designed and developed Sighting and Fire Control System (FCS) for the upgrade of BMP 2/2K Tanks of the Indian Army. This contract also includes a comprehensive Engineering Support Package. Furthermore, BEL has secured other orders valued at Rs.481 Crs, bringing the total orders for the current financial year to Rs.4,803 Crs.
Key Highlights
- BEL signed a contract worth Rs.3,172 Crores with AVNL for the supply and installation of an advanced Sighting and Fire Control System for the Indian Army's BMP 2/2K Tanks upgrade.
- The contract includes a comprehensive Engineering Support Package.
- BEL also secured other orders worth Rs.481 Crs, bringing the total orders for the current financial year to Rs.4,803 Crs.
- The orders include Doppler Weather Radar, Classroom jammers, spares and services.
- This announcement is in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.