Bharat Electronics wins order worth Rs 24 bn from Hindustan Aeronautics
Source: IRIS | 16 Dec, 2021, 09.30PM
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Bharat Electronics (BEL), a state-owned electronics company, has received an order worth Rs 24 bn from Hindustan Aeronautics (HAL) for the manufacture and supply of 20 types of airborne electronic systems to be fitted on the fighter aircraft.
The order spanning five years from 2023 to 2028 involves supply of critical avionic Line Replaceable Units (LRUs) related to Digital Flight Control Computers, Air Data Computers, Weapon Computers, LRUs related to Radar Warning Receiver (RWR) and Head Up Display.
The order for supply of Avionic Systems for 83 Tejas MK1A fighter aircraft will be executed by two Strategic Business Units (SBUs) of BEL: Electronic Warfare & Avionics, Bengaluru, and BELPanchkula, Haryana. All the systems will be delivered by BEL to HAL in a ready-to-board condition.
R Madhavan, CMD HAL, congratulated BEL for the order and said, "The LCA Tejas programme is an excellent example of the synergy between eminent Indian Defence establishments such as HAL, DRDO and BEL. The current order for the development and supply of 20 types of critical Avionics LRUs for Tejas MklA is a shot in the arm for the Make in India and Atmanirbhar Bharat initiatives of the Government of India."
Shares of the company declined Rs 0.85, or 0.41%, to settle at Rs 207.20. The total volume of shares traded was 387,650 at the BSE (Thursday).
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