Bharat Electronics Ltd. (BEL), a government-owned defense equipment manufacturer, announced it has received additional orders worth ₹500 crore since its previous disclosure on October 7, 2024. This brings BEL’s total order value for the current financial year to ₹8,194 crore.
The new orders include laser range finders, communication systems, vessel support and communication equipment, test systems for artillery, and various spare parts and support services, as stated in a press release issued by the company.
In the last fiscal year, BEL secured orders totaling ₹35,400 crore. The company, which operates under the Ministry of Defence, recently joined the Nifty 50 index, with trading beginning on September 30, 2024.
Bharat Electronics, established in 1954, designs and manufactures a range of advanced systems, including radars, electronic warfare devices, communication systems, and electro-optic equipment, catering primarily to the Indian armed forces as well as other sectors.