Bharat Electronics Secures Rs 580 Crore Order for Artificial Magnetic Conductor (AMC) of Radars

NewsBharati    07-Dec-2023 22:08:55 PM
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Bharat Electronics Limited (BEL), a renowned defense electronics company in India, made an exciting announcement on December 6th. The company has secured a substantial order worth Rs 580 crore from the Indian Army for supplying an artificial magnetic conductor (AMC) for radars.
 
 

Radar1 
(Pic Courtesy : Analysis Library) 
 

This project is a significant step towards promoting the participation of multiple Indian entities, including MSMEs (micro, small, and medium enterprises), who are sub-vendors of BEL. This not only strengthens the company's position but also aligns with their commitment to support the growth of domestic electronics and associated industries.

The news of this order comes after a slight dip in BEL's share prices on December 6th, closing 2.80% lower at Rs 156.20. However, the company's recent successes paint a different picture, with additional orders worth Rs 3,335 crore received since September 15th, 2023. It's safe to say that BEL is on a roll!
 
Some of the orders that have been placed include:

- An AMC for an AEW&C system, also known as an Airborne Early Warning & Control system.
- Uncooled TI sights, which are used for thermal imaging.
- Software Defined Radios, a type of radio communication system.
- A SWIR payload, or a payload that can capture Short-Wave Infrared images.
- Another AMC, this time for an IACCS (Integrated Air Command and Control System).
- Passive Night Vision Binoculars, for enhanced vision in low-light conditions. 
 
According to BEL, the total orders received by the company in the current fiscal year 2023-24 have amounted to an impressive Rs 18,298 crore.
 
This accomplishment is a testament to the company's commitment to the 'Aatmanirbhar Bharat' initiative, as all of the equipment produced by BEL is proudly made in India. This achievement further solidifies BEL's position as a leading player in the country's self-reliance journey. 
 
 
Source : AFI