BEL bags order of modern communication sets from Indian Air Force

The contract will give a push to the company’s order book which stood at Rs 76,217 crore as of January 1.
BEL bags order of modern communication sets from Indian Air Force

New Delhi: Indian Air Force has signed a contract with Bharat Electronics for the procurement of Light Weight Man Portable modern communication sets. Bharat Electronics is involved in the business of aerospace and defence manufacturing.

These indigenous software-designed radios (SDR) technology-based sets will not only boost the IAF’s communication network but also further the government’s push on Atmanirbhar Bharat for defence indegenisation.

The contract will also give a push to the company’s order book which stood at Rs 76,217 crore as of January 1.

The company also released its Q3 earnings two weeks ago which saw its net profit rise 40 percent on year to Rs 859.6 crore as against last year’s Rs 613 crore.

Revenue however, was almost flat on year at Rs 4,162.2 crore, as against Rs 4,153 crore in the corresponding period of last fiscal.

(Defence Watch– India’s Defence News centre that places the spotlight on Defence Manufacturing, Defence Technology, Strategy and Military affairs is on Twitter. Follow us here and stay updated.)

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