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Bharat Electronics Secures Rs 648 Crore Orders for AI, Defence

Bharat Electronics Secures Rs 648 Crore Orders for AI, Defence
BEL order book update: Navratna PSU bags Rs 648 cr orders for AI software, laser jammers · financialexpress.com

Bharat Electronics has received new orders worth Rs 648 crore.

The company makes electronic equipment mainly for India’s armed forces.

The new work includes a laser-based jammer and communication equipment.

It also includes cybersecurity technology and a thermal imaging device.

Some orders are for an AI-based software solution.

Other items include electronic modules, upgrades, spare parts and services.

Bharat Electronics did not say who placed the orders.

Its shares rose slightly in early trading on September 18, although they had fallen over the previous month and year.

Key facts

Order value
Rs 648 crore
Company
Bharat Electronics
Order types
Laser-based infrared jammer, communication equipment, cybersecurity solution, thermal imager and AI-based software
Additional items
Transducers, TR modules, upgrades, spares and services
Client details
Specific clients and individual order values were not disclosed
Company status
Navratna public sector undertaking under India’s Ministry of Defence
Share performance
Up 0.39% in early trade on September 18; down 3.58% over one month and 3.15% over one year

Sources

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