IANS | 18 Sep, 2023
Public sector major Bharat Electronics Limited has received an order
of Rs 2,118.57 crore from Cochin Shipyard Limited for the supply of
sensors, weapon equipment, fire control systems and communication
equipment for six Next Generation missile vessels being made for the
Indian Navy.
This project will have participation of Indian
electronics and associated industries, including MSMEs, which are sub
vendors of BEL.
The equipment manufactured by BEL for the
anti-surface warfare corvettes of the Indian Navy are part of the
Aatmanirbhar Bharat initiative.
BEL has also received additional
orders worth Rs 886 crore pertaining to the upgrade of AFNET SATCOM N/W,
Upgrade of Akash Missiles with RF Seeker, Inertial Navigation System.
With
this the total value of the orders received by BEL during the current
financial year has gone up to Rs.14,384 crore for the current financial
year, a senior company official said.