HAL has and will continue to play a significant role in India’s current and future space program including the Gaganyaan manned mission to space, given the skills and knowledge base within the company said Mr. S. Somanath, Chairman ISRO. He identified indigenisation and cost reduction as major …

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of about Rs.15000 Cr (Provisional & Unaudited), during the Financial Year 2021-22, against the previous year’s turnover of Rs. 13,818 Cr, despite challenges posed by the COVID-19 pandemic and global semiconductors …

HAL records highest ever revenue of over Rs. 24,000 crores (provisional and unaudited) for the financial year ended on March 31, 2022 registering a 6% revenue growth over the previous financial year. The corresponding figure for the previous year stood at Rs. 22,755 crores. “Despite the challenges …

Navratna Defence PSU Bharat Electronics Limited (BEL) today signed a Memorandum of Understanding (MoU) with the Army Design Bureau of Indian Army for collaboration in the field of Artificial Intelligence (AI) for Defence applications. The MoU was signed by Major General K V Jauhar, VSM, Additional …

The Ministry of Defence (MoD), Government of India, on Tuesday, March 29, 2022, signed two contracts worth totally Rs. 3,102 Crores with the Bengaluru and Hyderabad Units of Navratna Defence PSU Bharat Electronics Limited (BEL), at New Delhi. The MoD and BEL-Bengaluru concluded a contract for …

To study the whole gamut of issues surrounding strategic implications of Artificial Intelligence (AI) in national security perspective, the Ministry of Defence (MoD), Department of Defence Production (DDP) set up a multi-stakeholder Task Force in March 2018 under the Chairmanship of Sh. N …

Ministry of Defence has signed a contract with Goa Shipyard Limited (GSL) for construction of eight Fast Patrol Vessels for Indian Coast Guard at a total project cost of Rs 473 crore. The contract was signed by Joint Secretary (Maritime & Systems) Shri Dinesh Kumar and Chairman & Managing …

An Intent of Cooperation (IOC) was signed between HAL and PHL for purchase or long term lease for 20 helicopters, 10 each civil variants of ALH Dhruv and Light Utility Helicopters at the ongoing Wings India-2022 at Hyderabad.  This would also bring  synergy between HAL and PHL in helicopter …

In a major boost to its own diversification drive into non-defence and the Government’s ‘Make in India’ programme, Navratna Defence PSU Bharat Electronics Limited (BEL) and Airports Authority of India (AAI), under it’s R&D initiative, at Wings India- 2022, has entered into an agreement for the …

Navratna Defence PSU Bharat Electronics Limited (BEL) has published Expression of Interests (EoIs) for indigenisation of major Line Replacement Units (LRUs) used in Defence systems on the National Informatics Centre (NIC) portal. Indian vendors, including MSMEs and start-ups, who wish to …