New Delhi, July 6 (IANS) India and Japan have signed their first bilateral agreement for the joint development of defence equipment, marking a significant step forward in their growing strategic and security partnership.According to Japan’s Ministry of Foreign Affairs, the inaugural project under the agreement will focus on the development and licensed production of the UNICORN (Unified Complex Radio Antenna) shipborne communications mast, an advanced integrated mast system developed by Japan’s …
Latest Bharat Electronics Limited News & Updates
Mumbai, July 6 (IANS) State-owned defence companies’ shares traded higher on Monday, surging up to 3 per cent after the Defence Acquisition Council (DAC) approved capital acquisition proposals worth around Rs 52,000 crore to strengthen the operational capabilities of the Indian armed forces.The Nifty India Defence index rose 1.70 per cent or 163 points to 9,737.15, hitting an intraday high at around 12 pm.Among the major gainers, Navratna PSU Bharat Electronics Limited (BEL) rose as much as 2.84…
New Delhi, June 30 (IANS) Interest in the BrahMos supersonic cruise missile — a joint venture between India’s DRDO and Russia’s NPO Mashinostroyeniya — has expanded beyond Philippines, Vietnam and Indonesia to reported enquiries from Saudi Arabia, Egypt, Thailand, Brazil and Chile.India is stepping up arms exports across Asia and talks with the United Arab Emirates are under way for sales of BrahMos supersonic cruise missile and, if concluded, would mark the missile’s first entry into …
Mumbai, May 20 (IANS) Indian stock markets opened lower on Wednesday, mirroring weak global cues from the US and Asian markets amid rising bond yields and geopolitical tensions in West Asia.Sensex opened at 74,806.49, down 394.36 points or 0.52 per cent, while Nifty began the session at 23,457.25, slipping 160.75 points or 0.68 per cent.Later in the morning trade, the 30-share index declined as much as 671 points or 0.89 per cent to hit an intraday low of 74,529. Similarly, the Nifty fell 220 po…
Mumbai, May 19 (IANS) Bharat Electronics Limited (BEL) on Tuesday reported a 4.61 per cent increase in its consolidated net profit for the March quarter (Q4) of FY26, driven by higher revenue from operations and steady operational performance.The state-run defence equipment manufacturer posted a consolidated net profit of Rs 2,225.22 crore in the fourth quarter, compared to Rs 2,127.04 crore in the corresponding period last financial year (Q4 FY25), according to its stock exchange filing.Revenue…
New Delhi, May 5 (IANS) The Ministry of Defence on Tuesday signed a contract with Bharat Electronics Limited (BEL), Hyderabad, for the procurement of five ground-based Mobile Electronic Systems, worth Rs 1,476 crore, for the Indian Army with a minimum 72 per cent indigenous content.The contract, under the Buy (Indian-Indigenously Designed, Developed and Manufactured) category, was inked in the presence of Defence Secretary Kumar Singh at Kartavya Bhawan here.BEL produces advanced, indigenous gro…
Bengaluru, April 22 (IANS) Navratna defence public sector undertaking Bharat Electronics Limited (BEL) has secured orders worth Rs 569 crore, commencing the order acquisition for the current financial year 2026-27.Major orders received include avionics, EW systems, high-energy lasers, communication equipment, tank sub-systems, laser-based fuzes, test equipment, upgrades, spares and services, according to a company statement issued on Wednesday.BEL has established a strong position in the defence…
New Delhi, April 21 (IANS) In a bid to enhance Indian Army’s minefield breaching capability, Defence Ministry on Tuesday said it has signed contracts with Bharat Earth Movers Limited (BEML) and Electro Pneumatics and Hydraulics (India) Pvt Ltd for the procurement of TRAWL Assembly for T-72/T-90 Tanks for nearly Rs 975 crore.According to an official statement, the TRAWL Assembly for T-72/T-90 Tanks is a critical equipment developed by DRDO which will enhance the minefield breaching capability o…
Lucknow, April 8 (IANS) The Chitrakoot node of the Defence Industrial Corridor gained pace on Wednesday with Chief Minister Yogi Adityanath allocating 75 hectares of land to Bharat Electronics Limited (BEL) to construct a state-of-the-art manufacturing unit.BEL, a public sector aerospace and defence electronics company based in Bengaluru, will set up a defence manufacturing unit with an investment of about Rs 562.5 crore and is expected to generate over 300 jobs in the short term.The initiative …
New Delhi, March 31 (IANS) In a significant boost to India’s push for self-reliance in defence manufacturing, the Ministry of Defence on Tuesday signed a major capital acquisition contract with Bharat Electronics Limited for the procurement of two advanced Mountain Radars for the Indian Air Force. The deal, valued at approximately Rs 1,950 crore, was formalised in the national capital in the presence of senior officials from both sides.“Strengthening India’s indigenous defence capabilities…