Other orders include AI-based solutions for naval ships, simulators, communication equipment, jammers, spares, and various services.
BEL’s latest orders reinforce its commitment to India’s self-reliance in defence technology, further strengthening its role in supporting the armed forces with advanced combat solutions.
April order
This follows BEL’s ₹2,210-crore contract from the Ministry of Defence last month for the supply of Electronic Warfare (EW) suites for the Indian Air Force’s Mi-17V5 helicopters. Developed by DRDO’s Centre for airborne systems and integrated defence combat systems (CASDIC) and manufactured by BEL, these EW suites include a radar warning receiver (RWR), missile approach warning system (MAWS), and counter measure dispensing system (CMDS). These systems aim to significantly enhance the survivability of IAF helicopters by detecting and countering radar and missile threats in hostile environments.
The recent conflict with Pakistan has further underscored the importance of advanced defence technology, with India successfully neutralising Pakistani air defence systems using home-grown loitering munitions.
Tonic for defence stocks
The stock market responded swiftly, with Indian defence stocks experiencing a surge, while Chinese defence firms supplying Pakistan saw declines.
The upward trend in Indian defence shares followed Prime Minister Narendra Modi’s address on Monday (May 12), where he reaffirmed the nation’s commitment to promoting Indian-made military equipment, further strengthening the country’s focus on self-reliance in defence production.
Shares of Bharat Electronics Ltd ended 3.9% higher at ₹363.90 apiece on the BSE today, May 16.
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(Edited by : Shoma Bhattacharjee)
