Navaratna DPSU Bharat Electronics Limited (BEL) on Thursday announced that it has entered into a contract valued at Rs 847.70 crore plus taxes with Larsen & Toubro Limited (L&T) for the supply of 14 cutting-edge Communication and Electronic Warfare (EW) sensors and systems. These state-of-the-art systems, manufactured domestically by BEL, will be installed on three Cadet Training Ships for the Indian Navy.
“This collaboration between BEL and L&T exemplifies the strong partnership between the two companies and underscores the broader cooperation within the Indian Industry. The successful execution of this contract will involve the participation of numerous Micro, Small and Medium Enterprises (MSMEs) and represents a significant stride towards achieving the vision of Atmanirbhar Bharat,” the company said in a regulatory filing.
Additionally, BEL has secured other orders valued at Rs 1,092.65 crore following the last disclosure on 13th February 2024. These orders encompass the supply of LRUs for T-70 & T-90 Tanks, Communication Systems for the Indian Navy, as well as other Spares and Services.
With these recent developments, BEL has now accumulated orders totalling Rs 32,716.33 crore in the current financial year.
Earlier in December, the company had signed a contract for a value of Rs 445 crore with the UP Government on 23 Dec 2023 for the next generation UP Dial 112 project. The company will be providing comprehensive and state-of-art hardware, AI based software tools and cyber security solutions for the Dial 112 project, which is spread across Uttar Pradesh.