Defence, Aerospace, SpaceLatest NewsNews Snippets

Bharat Electronics Secures Orders Worth Rs. 2,673 Cr.

Bharat Electronics Ltd. (BEL) has won orders totaling Rs. 2,673 crore from two shipbuilding companies. BEL has shared this information in its stock filing dated 22nd October 2023.

BEL has received these orders worth Rs. 1,701 crore and Rs. 972 crore from Goa Shipyard Ltd. and Garden Reach Shipbuilders & Engineers Ltd. respectively. These orders involve the supply of 14 types of sensors for use on Next Generation Offshore Patrol Vessels (NGOPV) under these orders.

Including these new orders, Bharat Electronics has secured total orders of Rs. 25,935.15 Cr. in FY 2023-24.