Moneycontrol Be a Pro
Get App
you are here: HomeNewsBusiness
Last Updated : Sep 13, 2019 08:59 PM IST | Source: PTI

BEL bags Rs 5,357 cr Defence ministry contract for Akash missile system

BEL has signed a contract with the Ministry of Defence on Friday for procurement of seven squadrons of Akash Missile System for the Indian Air Force, the company said in a statement.

Representative image
Representative image
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Navratna Defence PSU Bharat Electronics Limited (BEL) September 13 said it has won order worth Rs 5,357 crores for seven squadrons of Akash Missile System for the Indian Air Force.

BEL has signed a contract with the Ministry of Defence on Friday for procurement of seven squadrons of Akash Missile System for the Indian Air Force, the company said in a statement.

This was a turnkey contract with specialist infrastructure, it said. According to BEL, the total value of the contract is Rs. 5,357 crores and the delivery will be completed in three years.

Close
These systems will be commissioned at seven Air Force locations spread across the country, it added.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Sep 13, 2019 08:58 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant