| Work Detail |
Cochin Shipyard has awarded a work order worth Rs 3,000 crore to Bharat Electronics (BEL) for the supply of various equipment for six next-generation missile vessels (NGMV). Under the contract, BEL will provide sensors, weapon equipment, fire control systems, communication equipment and other equipment for NGMV, a class of anti-surface warfare corvettes for the Indian Navy. This project will have participation of Indian electronics and associated industries, including MSMEs, which are sub vendors of BEL. With this, the company’s order book now stands at Rs 14,384 crore in FY24. Additionally, the company has received a contract worth Rs 886 crore to upgrade AFNET SATCOM N/W, and Akash missiles with RF seeker, inertial navigation system (INS) and other equipment with accessories and spares, including other related work. |
