Bharat Electronics Limited (BEL) saw its stock rise by 4% after securing a major defence contract worth ₹2,210 crore. The deal is for supplying an advanced electronic warfare (EW) system for Mi-17 helicopters used by the Indian Armed Forces.
These EW systems are made in India, designed by CASDIC and DRDO, and manufactured by BEL. CASDIC, a part of DRDO, is located in Hyderabad and works under the Defence Electronics Research Laboratory (DLRL). It specializes in developing and integrating combat aircraft systems.
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The new EW suite includes three key components:
- Radar Warning Receiver (RWR) – alerts pilots of enemy radar threats
- Missile Approach Warning System (MAWS) – detects incoming missiles
- Countermeasure Dispensing System (CMDS) – automatically releases flares or chaff to protect the helicopter
These technologies together will greatly improve the safety and survivability of the Mi-17 helicopters during missions.
BEL also shared that, with this order, its total bookings in the current financial year have reached ₹2,803 crore.
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BEL is a Navratna company under the Ministry of Defence and plays a key role in supplying electronic equipment to the Indian Army, Navy, and Air Force. The Government of India owns 51.14% of BEL.
In Q3 of the financial year 2024–25, BEL’s performance was strong, with net profit increasing by 52.5% to ₹1,310.95 crore and revenue from operations rising by 38.6% to ₹5,770.69 crore compared to the same quarter last year.
