BEL shares in focus: Defence Stock secures contract worth Rs 610 crore from Indian Navy
This fully indigenously developed system will be installed and integrated onboard Indian Naval platforms.
BEL shares in focus: Defence Stock secures contract worth Rs 610 crore from Indian Navy
Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has signed a contract valued at Rs.610 Cr for the supply of Electro Optic Fire Control System (EOFCS) for the Indian Navy.
This fully indigenously developed system will be installed and integrated onboard 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 medium-range and short-range gun mounts.
Additionally, BEL has secured other orders valued at Rs.352 Cr following the last disclosure on 28 January 2025 which comprises an anti-drone system, Fuzes, Integrated Fire Detection and Suppression System, Vessel Communication System, spare parts, Services, etc. With these, BEL has now accumulated orders totaling Rs.11,855 Cr in the current financial year.
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