BEL secures Rs 593.22 crore order from IAF for Akash Missile system maintenance

New Delhi: Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking (DPSU), has secured a significant contract valued at Rs 593.22 crore (excluding taxes) from the Indian Air Force (IAF) for the maintenance of the Akash Missile System. The system was originally supplied by BEL, reinforcing the company’s critical role in India’s defence infrastructure.

PSU Watch is now on Whatsapp Channels. Click here to join

With this order, BEL has marked a strong beginning to the financial year 2025-26, setting the stage for further growth and expansion in the defence sector. The contract underscores BEL’s expertise in providing high-end maintenance services and its long-standing collaboration with the Indian armed forces.

Additionally, BEL has successfully concluded negotiations for orders worth Rs. 5,000 crore with various customers, indicating a strong pipeline of business opportunities for the company. These forthcoming deals are expected to further strengthen BEL’s position in the domestic and global defence markets.

BEL continues to play a pivotal role in India’s defence manufacturing ecosystem, leveraging its technological capabilities to support the nation’s security requirements. The latest order from the IAF reaffirms the company’s reputation as a trusted partner in defence procurement and maintenance services.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)