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India Gazette
a day ago
- Business
- India Gazette
BEL secures fresh orders worth Rs 585 crore since June 5
New Delhi [India], June 20 (ANI): Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL) has secured additional orders worth Rs 585 Crore since the last disclosure on 5th June 2025, according to NSE filing by Bharat 'major orders received include fire control and sighting system for missiles, communication equipment, jammers, spares, services etc,' according to the Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. Additionally, BEL is a Navratna PSU under the Ministry of Defence, Government of is a multi-product, multi-technology, multi-unit conglomerate with wide expertise in the design, development, engineering, and manufacture of Radars, Weapon Systems, C4I systems, Military Communication systems, Electronic Warfare and Avionics, naval systems, Electro-Optics and laser-based products, Tank Electronics and Gun Upgrades, satcom systems, Strategic Components, and civilian has been continuously striving to expand its offerings in the Non-Defence domain, some of its recent notable business initiatives being in the areas of Homeland Security, Cyber Security, Software, Rail and Metro solutions, Civil Aviation, Space Electronics, Medical Electronics, Jammers, Anti-drone systems, Unmanned Systems, etc. Recently, Tata Electronics and state-owned firm Bharat Electronics (BEL) have joined hands to advance the development of indigenous electronics and semiconductor solutions in line with the Centre's vision for MoU signed between these two is a significant step forward in jointly exploring end-to-end solutions to meet domestic Bharat Electronics Limited (BEL) and the Indian Army Air Defence also signed a contract for the Integrated Drone Detection and Interdiction System (IDDIS). The system, developed jointly by the Defence Research and Development Organisation (DRDO) and BEL, marks a significant milestone under the Government of India's Make in India initiative. The IDDIS is designed to detect, track, and neutralise hostile drones, providing a crucial layer of protection against evolving aerial threats. (ANI)
Time of India
a day ago
- Business
- Time of India
BEL secures fresh orders worth Rs 585 crore since June 5
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Navratna Defence Public Sector Undertaking, Bharat Electronics Limited BEL ) has secured additional orders worth Rs 585 Crore since the last disclosure on 5th June 2025, according to NSE filing by Bharat "major orders received include fire control and sighting system for missiles, communication equipment, jammers, spares, services etc," according to the Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. Additionally, BEL is a Navratna PSU under the Ministry of Defence, Government of is a multi-product, multi-technology, multi-unit conglomerate with wide expertise in the design, development, engineering, and manufacture of Radars, Weapon Systems, C4I systems, Military Communication systems, Electronic Warfare and Avionics, naval systems, Electro-Optics and laser-based products, Tank Electronics and Gun Upgrades, satcom systems, Strategic Components, and civilian has been continuously striving to expand its offerings in the Non-Defence domain, some of its recent notable business initiatives being in the areas of Homeland Security, Cyber Security, Software, Rail and Metro solutions, Civil Aviation, Space Electronics, Medical Electronics, Jammers, Anti-drone systems, Unmanned Systems, Tata Electronics and state-owned firm Bharat Electronics (BEL) have joined hands to advance the development of indigenous electronics and semiconductor solutions in line with the Centre's vision for MoU signed between these two is a significant step forward in jointly exploring end-to-end solutions to meet domestic Bharat Electronics Limited (BEL) and the Indian Army Air Defence also signed a contract for the Integrated Drone Detection and Interdiction System (IDDIS).The system, developed jointly by the Defence Research and Development Organisation (DRDO) and BEL, marks a significant milestone under the Government of India's Make in India IDDIS is designed to detect, track, and neutralise hostile drones, providing a crucial layer of protection against evolving aerial threats.
Time of India
a day ago
- Business
- Time of India
BEL order wins: Navratna PSU secures Rs 585 crore in fresh defence contracts; new deals include missile sighting systems and communication gear
Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured fresh orders worth Rs 585 crore since its last disclosure on June 5, the company said in a stock exchange filing. Major components of the new orders include fire control and sighting systems for missiles, communication equipment, jammers, spares, and services, according to the disclosure filed with the NSE on Friday, as reported ANI. BEL, which functions under the Ministry of Defence, is a multi-unit defence electronics major engaged in the design, development and manufacture of radars, weapon systems, C4I systems, military communication systems, electronic warfare and avionics, among other categories. The company has also been diversifying into non-defence areas such as cyber security, homeland security, rail and metro solutions, and unmanned systems. In a recent move to boost domestic capabilities, BEL signed a memorandum of understanding with Tata Electronics to jointly explore electronics and semiconductor solutions aligned with the Centre's vision of self-reliance. Additionally, BEL and the Indian Army Air Defence have signed a contract for the Integrated Drone Detection and Interdiction System (IDDIS), developed in collaboration with DRDO. The system is aimed at tracking and neutralising hostile drones and is part of the government's Make in India push. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
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Business Standard
05-06-2025
- Business
- Business Standard
BEL secures ₹2,323 crore missile system spares orders for Navy ships
Bharat Electronics Ltd (BEL), a Navratna Defence Public Sector Undertaking (PSU), on Thursday announced that it has secured orders worth ₹2,323 crore from two major Indian shipbuilders: Mazagon Dock Shipbuilders Ltd (MDL), Mumbai, and Garden Reach Shipbuilders & Engineers Ltd (GRSE), Kolkata. The contracts pertain to the supply of base and depot spares for missile systems installed aboard Indian Naval ships. BEL said the components are essential to ensuring the operational continuity of mission-critical onboard systems. Order momentum continues with additional defence contracts This latest deal builds on a strong run of orders for BEL. Earlier this month, the company secured additional contracts totalling ₹537 crore, in addition to ₹572 crore worth of orders received between April 7 and mid-May. These include communication systems, advanced shipborne communication suites, jammers, software, simulator upgrades, spares, test rigs, and associated services. Earlier orders covered Integrated Drone Detection and Interdiction Systems (IDDIS), Software Defined Radios (SDR), Data Communication Units (DCU) for attack guns, AI-powered naval systems, simulators, jammers, and other communications-related equipment and services. Electronic Warfare suites and Ministry of Defence contracts In April, BEL also signed a ₹2,210-crore contract (excluding taxes) with the Ministry of Defence to supply Electronic Warfare (EW) Suites for the Indian Air Force's Mi-17 V5 helicopters. The systems, developed by DRDO's CASDIC and to be produced by BEL, comprise a Radar Warning Receiver (RWR), Missile Approach Warning System (MAWS), and Counter Measure Dispensing System (CMDS). Financial performance in Q4 FY25 Financially, BEL posted a 15 per cent rise in net profit for the fourth quarter of the financial year that ended on March 31, 2025, reaching ₹2,127 crore, up from ₹1,796.67 crore in the same period last year. Revenue from operations grew 6 per cent year-on-year to ₹9,149.59 crore.
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Business Standard
04-06-2025
- Business
- Business Standard
BEL bags ₹537 crore in fresh defence orders for ship systems and upgrades
Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth ₹537 crore since the last set of orders announced on 16 May 2025. The new orders comprise communication equipment, an advanced composite communication system for ships, jammers, software, simulator upgrades, spares, test rigs, and related services. Earlier orders in May totalled ₹572 crore On 16 May, BEL had announced the receipt of orders amounting to ₹572 crore since 7 April 2025. These included Integrated Drone Detection and Interdiction Systems (IDDIS), Software Defined Radios (SDR), Data Communication Units (DCU) for attack guns, AI-based solutions for ships, simulators, communication equipment, jammers, spares, and related services. BEL reported a 15 per cent year-on-year rise in net profit to ₹2,127 crore for the fourth quarter of financial year 2024–25, compared to ₹1,796.67 crore in the same quarter of the previous year. Revenue from operations increased by 6 per cent to ₹9,149.59 crore in Q4FY25, up from ₹8,564.08 crore in Q4FY24. Total expenses for the quarter were ₹6,476.97 crore, marking a 1.2 per cent increase from ₹6,399.44 crore in the year-ago quarter.
