HAL signs Rs 2400 crore contract with BEL

The five-year contract spanning from 2023 to 2028 is valued at Rs 2,400 crore and involves supplying critical avionics Line

HAL
"We are pleased to receive this order from HAL for the prestigious LCA Tejas programme and look forward to continuing strong partnership and joint success with HAL," said BEL CMD Anandi Ramalingam.

In a major boost to indigenisation, Hindustan Aeronautics Limited on Thursday signed a contract with Bharat Electronics Limited for development and supply of 20 types systems for the LCA Tejas Mk1A programme.

The five-year contract spanning from 2023 to 2028 is valued at Rs 2,400 crore and involves supplying critical avionics Line Replaceable Units (LRUs), flight control computers and night flying LRUs, Bengaluru-headquartered HAL said in a statement. “This is the biggest ever order that HAL has placed on any Indian company boosting ‘Atmanirbhar Bharat’ campaign,” it said.

“LCA Tejas programme is an excellent example of synergies between Indian Defence establishments such as HAL, DRDO & BEL. The current order for development and supply of 20 types of critical avionics LRUs for Tejas Mk1A is a shot-in-the-arm for Make in India activity,” said HAL CMD R Madhavan.

“We are pleased to receive this order from HAL for the prestigious LCA Tejas programme and look forward to continuing strong partnership and joint success with HAL,” said BEL CMD Anandi Ramalingam.

The order for supply of these systems for 83 Tejas Mk1A fighter fleet will be executed by two Divisions of BELat Bengaluru and Panchkula (Haryana). All the contracted items will be delivered by BEL to HAL in a ready-to-board condition, the statement said.

Deliveries under 83 Tejas Mk1A order to IAF will commence from 2023-24. The home-grown fighter is slated to be equipped with indigenous flight control computers, air data computers which would also be supplied by BEL under this contract. These systems have been designed and developed by various labs of DRDO and Aeronautical Development Agency, Bengaluru. The contract documents were handed over by General Manager LCA Tejas Division, HAL, E P Jayadeva to General Manager (EW&A) BEL, Manoj Jain.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express Telegram Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.