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According to the company's statement, the new orders include fire control and sighting systems for missiles, communication equipment, jammers, spares, and other services. Previously, in its 5 June filing, BEL had disclosed orders worth Rs 2,323 crore from Mazagon Dock Shipbuilders (MDL) and Garden Reach Shipbuilders & Engineers (GRSE). These orders are for the supply of base and depot spares for missile systems deployed on Indian naval ships, aimed at ensuring the operational continuity of mission-critical onboard equipment. In a separate development, on 6 June 2025, BEL announced the signing of a Memorandum of Understanding (MoU) with Tata Electronics. The partnership is focused on the development of indigenous electronics and semiconductor solutions, in line with the Government of India's vision for 'Atmanirbhar Bharat' (self-reliance). As part of the MoU, both companies will explore collaborations in semiconductor fabrication (Fab), outsourced semiconductor assembly and test (OSAT), and design services. Tata Electronics will offer solutions that align with BEL's current and future requirements, including microcontrollers (MCUs), systems-on-chip (SoCs), monolithic microwave integrated circuits (MMICs), and other processors. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The Government of India (GoI) remains BEL's largest shareholder with the current shareholding of 51.14%. Bharat Electronics (BEL)'s standalone net profit surged 18.01% to Rs 2,104.78 crore on a 6.93% rise in revenue from operations to Rs 9,119.71 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live News |