PSU NEWS
BEL wins order for Akash Missile Systems for Indian Air Force
New Delhi: Navratna Defence PSU Bharat Electronics Limited (BEL) has signed a contract with the Ministry of Defence, Government of India, today, September 13, 2019, for procurement of Seven Squadrons of Akash Missile System for the Indian Air Force.
This is a turnkey contract with specialist infrastructure. The total value of the contract is Rs.5,357.00 Crores (Rupees five thousand three hundred and fifty-seven crores only) and the delivery will be completed in 3(three) years. These systems will be commissioned at seven Air Force locations spread across Pan India.
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