
BEL stock allies 5% after mega Airforce deal
(20 second reading) BEL has secured a Rs 2,210 crore order to supply an advanced Electronic Warfare (EW) Suite for the Mi-17 V5 helicopters of the IAF.
The EW Suite – developed by the Defence Research and Development Organisation (DRDO) unit CASDIC and manufactured by BEL – includes a Radar Warning Receiver (RWR), Missile Approach Warning System (MAWS), and Counter Measure Dispensing System (CMDS). These systems are expected to enhance the helicopter’s combat survivability by defending against enemy threats in the sky.
With this, BEL has now accumulated orders totalling Rs.2,803 Crores in the current financial year
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