STOCKWATCH

BEL Secures Orders Worth Rs.962 Cr. Including EOFCS Order from Indian Navy

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has signed a contract valued at Rs.610 Cr. for supply of Electro Optic Fire Control System (EOFCS) for Indian Navy. This indigenously developed system will be installed and integrated on board Indian Naval Platforms. The system is capable of panoramic/sector search, tracking all types of targets during day/night and engages the tracked targets with the medium range and short range gun mounts. Additionally, BEL has secured other orders valued at Rs.352 Cr. which comprises anti drone system, fuzes, integrated fire detection and suppression system, vessel communication system, spares, services etc. With these, BEL has now accumulated orders totalling Rs.11,855 Cr. in the current financial year.

• BEL signs contract worth Rs.610 Cr. for supply of EOFCS to Indian Navy
• EOFCS is a fully indigenous system capable of tracking and engaging targets
• BEL secures additional orders worth Rs.352 Cr.
• Total orders accumulated by BEL in the current financial year amount to Rs.11,855 Cr.