BEL receives Export Order valued about USD 33 Mn

BEL receives Export Order valued about USD 33 Mn

Agency News

Bengaluru, Feb 25: Public Sector Defence major Bharat Electronics Ltd (BEL) has received export orders valued about USD 33 Million from Elbit Systems Electro-Optics Elop Ltd (Alaof), a subsidiary of Elbit Systems Ltd, Israel, during recently concluded Aero India 2019.

The order is for manufacturing and supplying of State-of-the-art next generation EOIR payloads (CoMPASS Rev III, Trade Mark of ELOP) and another variant of EOIR payload (CoMPASS III, Trade Mark of ELOP) for Airborne applications.

B Machilis, President & CEO, Elbit Systems Ltd, handed over documents of the Export Order for BEL from ELOP on February 21 to BEL Chairman and Managing Director M V Gowtama, in the presence of BEL Director (Marketing) Anandi Ramalingam and others.

BEL has already entered into Technical Collaboration Agreement (Tchha) with ELOP for Transfer of Technology for manufacturing these EOIR payloads and for providing lifetime maintenance support so Its manufacturing facility at Chennai.