Corporate Announcement
Security Code : 500049    Company : BEL    
 
Bharat Electronics Limited Wins Order For Akash Missile Systems For Indian Air Force.Download PDFDownload XBRL
  Exchange Received Time  13/09/2019 17:55:12         Exchange Disseminated Time   9/13/2019 5:55:21 PM              Time Taken   00:00:09
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform that Bharat Electronics Limited has signed the contract with Ministry of Defence, Govt. of India on 13th September, 2019 for procurement of Seven Squadrons of Akash Missile System for Indian Air Force. This is a turnkey contract with specialist infrastructure. The total value of the contract is Rs.5357.00 Crores (Rupees five thousand three hundred and fifty-seven crores only) and the delivery will be completed in 3(three) years. These systems will be commissioned at seven Air Force locations spread across Pan India.

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