BrahMos WORLD INDIA MADHYA PRADESH BHOPAL WTN SPECIAL GOSSIP CORNER RELIGION SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA OPINION & INTERVIEW RECIPES DRINKS BIG MEMSAAB 2017 BUDGET 2017 FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES Mahakal Ke Darshan
WTN HINDI ABOUT US PRIVACY POLICY SITEMAP CONTACT US
logo
Breaking News

BEL bags Rs 234 cr order from Israeli firm

Monday - February 25, 2019 4:44 pm , Category : BUSINESS
Bengaluru, Feb 25 (IANS) State-run Bharat Electronics Ltd (BEL) has won Rs 234 crore export order from Elbit Systems Electro-Optics Elop Ltd, a subsidiary of Elbit Systems Ltd in Israel, to make components for airborne applications.
"We received the export order from Elbit arm at the Aero India air show, held here from February 20-24, to make electro opto infra red (EOIF) payloads for airborne applications," the company said in a statement, here on Monday.
Elbit Chief Executive B. Machilis gave the export order to BEL Chairman Gowtama in the presence of BEL Director (marketing) Anandi Ramalingam.
"As part of the 'make in India' initiative, we entered into an agreement with Elbit's arm for technology transfer to make EOIR payloads and provide lifetime maintenance support at its facility in Chennai," it said .
BEL has the infrastructure to supply payloads to domestic as well as foreign clients.
"We are augmenting facilities to meet the growing need for variants of EOIR payloads for domestic and export markets," it said.
BEL is also global supply chain partner of Elbit arm.

--IANS fb/rs/pcj