Bharat Electronics inks ₹847.70 crore contract with L&T, bags other orders worth ₹1,092.65 crore

Bharat Electronics announced, in an exchange filing, on March 14, that it has bagged orders worth ₹1,940.35 crore. The Navaratna PSU entered into a ₹847.70 crore contract with Larsen & Toubro Limited (L&T) for the supply of Communication and Electronic Warfare (EW) sensors and systems.

"Navaratna DPSU Bharat Electronics Limited (BEL) has today entered into a contract valued at ₹847.70 crore plus taxes with Larsen & Toubro Limited (L&T) for the supply of 14 cutting-edge Communication and Electronic Warfare (EW) sensors and systems," BEL said.  These state-of-the-art systems will be manufactured domestically by BEL and will be installed on three Cadet Training Ships for the Indian Navy.

The company has also secured other orders amounting to a total of ₹1,092.65 crore since February 13. "These orders encompass the supply of LRUs for T-70 & T-90 Tanks, Communication Systems for the Indian Navy, as well as other Spares and Services," BEL said.