BEL Shares Surge on Signing ₹2,210 Crore Contract with Ministry of Defence

Bharat Electronics Limited (BEL), a Navratna Public Sector Undertaking under the Ministry of Defence, has signed a contract worth ₹2,210 crore (excluding taxes) with the Government of India.

As of 11:20 AM on April 8, 2025, Bharat Electronics share price is trading at ₹278.20, up 2.24%, showing a 2.23% decline over the past six months but a 22.57% gain over the past year.

Purpose of the Contract

The contract involves the supply of Electronic Warfare (EW) Suites for Mi-17 V5 helicopters used by the Indian Air Force. These EW systems are to improve aircraft survivability during operations.

Systems Included in the EW Suite

The EW Suite includes three components:

• Radar Warning Receiver (RWR): Detects radar emissions from potential threats.
• Missile Approach Warning System (MAWS): Identifies incoming missile threats.
• Counter Measure Dispensing System (CMDS): Dispenses countermeasures such as flares and chaff to neutralize threats.

Development

These systems have been indigenously designed and developed by the Defence Research and Development Organisation (DRDO), specifically by its laboratory, CASDIC (Combat Aircraft Systems Development and Integration Centre). BEL will handle manufacturing and integration.

The Mi-17 V5 is a medium-lift military transport helicopter. It is widely used by the Indian Air Force for utility tasks such as troop transport, logistics, and rescue missions.

Background

BEL operates under the Ministry of Defence and is based in Bangalore. The company focuses on manufacturing advanced electronic products and systems for the Indian armed forces. It regularly collaborates with DRDO and other defence agencies for the development of indigenous defence technologies.

With the addition of this order, BEL’s cumulative order book for the current financial year (FY25) has reached ₹2,803 crore.

Date and Disclosure

The disclosure was made on April 7, 2025, in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. The official press release was submitted to the National Stock Exchange (NSE) and is publicly available for reference.

Conclusion

The contract adds to BEL’s portfolio of defence electronics and is a step in the deployment of indigenous systems in India’s defence sector.

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