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The Ministry of Defence (MoD), Government of India, and Navratna Defence PSU Bharat Electronics Limited (BEL) on February 24, 2022, signed a contract for the retro-modification of Commander Sight of Battle Tanks-T90 for the Indian Army. The retro-modification will be carried out in 957 tanks. The total value of the contract is Rs. 1,075 Crs (including all taxes and duties.)

The successful indigenous development of Thermal Imager-based Commander Sight, jointly by IRDE, DRDO and BEL, with improved performance than its predecessor provides a further boost to the ‘Make in India’ initiative of the Government of India. This will provide a fillip to indigenous defence manufacturing and open avenues for export of such advanced technology.

Photo caption: Ms Dipti Mohil Chawla, IDAS, Joint Secretary & Acquisition Manager (Land System) / In-Charge (Coordination), Ministry of Defence, Government of India, exchanging the contract documents with Mr Manoj Kumar, Executive Director (National Marketing), BEL.

 

New York / Bengaluru, January 27, 2022: Navratna Defence PSU Bharat Electronics Limited (BEL) and Hyperion Global Group, LLC, an infrastructure telecommunication distribution company based in the USA, have entered into a contract to develop, manufacture and supply Internet of Things (IoT) devices for the US market.

As per the contract signed on January 21, 2022, BEL will manufacture and supply IoT devices worth US $73 Million to Hyperion during the first year of commencement of supply with a provision to negotiate and supply upgrades of the products, worth US $365 Million, in the next five years.

Hyperion’s next generation global telecommunications infrastructure devices are all set to revolutionise the way people live, learn, communicate, and consume data. This global infrastructure is the key to unlocking unprecedented levels of performance and speed made possible by the combination of IoT and 5G. Hyperion will accomplish this by strategically implementing a six-phase strategy to meet its customer demands.

The contract pairs Hyperion’s need to provide advanced connectivity solutions with BEL’s world-class engineering and manufacturing capabilities. BEL, as India’s leading defence electronics company, is uniquely qualified to deliver a durable product to Hyperion, USA, which has a robust product roadmap and global expansion strategy in place.

The contract was signed last Friday (January 21, 2022) by BEL’s New York Regional Office and Hyperion in the presence of Mr M V Rajasekhar, Director R&D, BEL, Mr Nick Studebaker, CEO, Hyperion Group, Mrs Prabha Goyal, GM (BEL-Panchkula), and other senior officials of BEL and Hyperion.

Mr M V Rajasekhar, Director R&D, BEL, said: “BEL is happy to be associated with Hyperion Group in being a part of the communication revolution that has taken the world by storm. We are hoping to supply lakhs of IoT devices to Hyperion in the next five years.”

Mrs Anandi Ramalingam, Chairman & Managing Director, BEL, said: “BEL is looking forward to expanding its global footprint and the contract with Hyperion is another major step in that direction. Our Central Research Laboratory will be actively working on this project and our New York Regional Office, which is handling our marketing activities in the US, will be closely interacting with Hyperion for the timely execution of the contract.” Mr Nick Studebaker, CEO, Hyperion Group, said: “We are excited to have BEL as our strategic manufacturing partner. We believe that the IoT space will be truly transformative in the way individuals, small to large businesses, municipalities and governmental organizations at the local, regional, and national levels communicate.

We are looking forward to participating in this exciting opportunity with BEL and its talented and accomplished team.”

For all press inquiries, please contact press@hyperiongg.com, media@bel.co.in

About Hyperion:

Hyperion Global Group, formed in September 2020, is a Delaware limited liability company that operates as an infrastructure telecommunication distribution company with a goal to provide technology solutions for tomorrow’s connected world.

Hyperion’s network will provide both broad outdoor coverage and indoor penetration, making it an ideal connectivity choice for Smart Cities, manufacturing, distribution, asset tracking and multi-location complex enterprise solutions.

About BEL:

BEL is a multi-product, multi-technology, multi-unit conglomerate offering products and systems in the areas of Military Communications, Radars, Missile Systems, Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro Optics, Tank Electronics & Gun / Weapon System Upgrades and Electronic Fuses in the Defense segment. BEL’s non-defence business segment includes areas such as Electronic Voting Machines, Homeland Security & Smart Cities, Solar, Satellite Integration & Space Electronics, Railways, Artificial Intelligence, Cyber Security, Software as a Service, Energy Storage products and Composite Shelters & Masts.

Though it is not revealed which countries have exhibited interest in the radar, the official stated that the international clients include France, Germany, the UK, Canada, Sweden and developing markets in Africa and South America.

Officials of the Bharat Electronics Limited (BEL) have said that international clients are on its roster for the export of L-Band 3D Air Surveillance Radar RAWL-03 manufactured by the defence public sector undertaking.

“This is a cost-effective Long-Range Air Surveillance Radar perfect for early detection and tracking of air and surface targets, thereby enabling engagement of fire control systems to neutralise the targets. We want to market this to foreign countries as well and the talks are on. The RAWL-03 comes in both ship and land-based configurations. We have showcased this to the Indian Navy and the process of induction is on. In 2018 we co-developed the radar with Swedish aerospace and defence company Saab,” a senior official from the BEL said.

Though it is not revealed which countries have exhibited interest in the radar, the official stated that the international clients include France, Germany, the UK, Canada, Sweden and developing markets in Africa and South America.

The radar has an instrumentation range of 400 kilometres. “We can detect all sorts of air targets including missiles, helicopters and aircraft upto 400 kilometres. The radar provides three-dimensional target data along with doppler data. The advantage of the 3D radar over 2D radar is its estimation of height of the target in addition to direction and range. We started working on this radar in 2015 and it took almost two years to realise its completion. It weighs around 4 tons and incorporates the latest Signal Processing techniques,” he added.

RAWL-03 antenna is compact and can be accommodated on wheeled vehicles and ships.

BEL has also developed surface surveillance radar for detection and tracking of Sea Surface and air targets.

Bengaluru/Pune, December 22, 2021: The first batch of next-generation Armoured Engineer Reconnaissance Vehicles (AERV), indigenously designed and developed by DRDO and manufactured by the Pune Unit of Navratna Defence PSU Bharat Electronics Limited (BEL), was formally inducted into Indian Army by Gen Manoj Mukund Naravane, PVSM, AVSM, SM, VSM, ADC, Chief of Army Staff, on December 21, 2021.

The vehicles were inducted into the Corps of Engineers at a ceremony held at Bombay Engineering Group (BEG), Pune, in the presence of Mr Dinesh Batra, Director (Finance), BEL; Lt Gen Harpal Singh, PVSM, AVSM, VSM, ADC, Engineer-in-Chief; Lt Gen J S Nain, AVSM, SM, GOC-in-C, Southern Command; Maj Gen Sanjay Rehani, Director General (Combat Engineers); Brig Sanjay Mathur, VSM, Brig Comb Engrs (B), and other senior officers.

AERV is manufactured by BEL-Pune with more than 90% indigenous content. It is a versatile BMP-IIK amphibious Infantry Combat Vehicle (ICV) fitted with instruments for water reconnaissance, land reconnaissance, navigation and data backup. The AERV is capable of measuring soil bearing capacity on riverbanks to determine if they are motorable for military vehicles on Go-No Go basis (critical parameters for bridge laying), dry and wet gaps in day and night conditions, slopes and height of river banks / canals. It’s possible to navigate the AERV with military maps using Military Grid Co-ordinate System, measure and plot underwater beds and water currents of rivers/canals, store data from various instruments on Control Console for further analysis and decision-making.

The induction of the next-generation AERV will boost the Indian Army’s combat capability and is a milestone in the journey towards an Atmanirbhar Bharat.

Anil Pant, General Manager International Marketing, Bharat Electronics Limited, stated that there were many technological partnerships in the near future between India and Saudi Arabia.

In an effort to promote deeper cooperation in defence and aerospace technologies, for the first time a Saudi Arabia based company Power for Defense Technologies Co (PDTC) has inked an agreement with DPSU Bharat Electronics Limited (BEL).

The company founded by Sheikh Mohammed Mustfa-Zaini Al-Shaibi, a member of AL Shaibi family in the Kingdom of Saudi Arabia (KSA), is based on a vision to have technological, business and cultural relationship between the two countries.

The company has tied up seeking deployment and transfer of the cutting edge technological solutions which are critical for the Aerospace, Defence and Security areas.

What is the agreement for?

Under this agreement the two companies will together get cutting edge technologies to Saudi Arabia’s Defence Ecosystem.

Why BEL?

According to Sheikh Mohammed Mustfa-Zaini Al-Shaibi, “The partnership with BEL which is at the forefront of technology in India will enable us to bring the critical technologies for defence and civilian applications to KSA.”

Adding, “Both the countries are rising powers and are key players in their respective regions.” On the agreement, Anil Pant, General Manager International Marketing, Bharat Electronics Limited, stated that there were many technological partnerships in the near future between India and Saudi Arabia.

“BEL offers technology products in several areas like Advanced Threat Detection suites with Radar, Coastal Radar System, Drone protection System and much more.”

Gopi Krishna Reddy, cross-border expert and strategic advisor to PDTC termed the partnership between BEL and PDTC as an important milestone.

BENGALURU, December 17, 2021: Mr Dinesh Kumar Batra, Director (Finance) and CFO of Navratna Defence PSU Bharat Electronics Limited, received the prestigious CII CFO of the Year Award in the PSU category from Mr T V Mohandas Pai, Chairman, Manipal Global Education Services, at an awards ceremony held at Bengaluru on December 16, 2021.

Mr Batra joined BEL in 1984. He is an alumnus of HBTU, Kanpur; IIFT, Delhi; and MDI, Gurgaon. In an illustrious career spanning 37 years, he has served in various capacities at Ghaziabad, Delhi, Pune and Bengaluru. He is a change agent who facilitates sustainable and continuous growth by following best practices of corporate governance with financial transparency. He has created wealth for shareholders by doubling the market capitalization.

Mr Batra has steered BEL to become the first DPSU to cross the landmark market capitalization of Rs.50,000 Crores and declared highest ever dividend of 400%. BEL achieved its best ever financial performance under his leadership, instilling confidence among all stakeholders. This resulted in highest PE ratio of BEL’s share price among all Maharatna and Navratna manufacturing CPSEs.

He has managed working capital requirement and new capital infrastructure investment requirement from internal accruals and kept BEL debt-free. He has brought structural reforms to manage debtors to achieve highest ever cash from operations. He was instrumental in BEL taking revolutionary initiatives in response to Covid, bringing hope to the families of deceased employees. His inspirational, visionary and creative leadership makes him a wonderful mentor who has built teams and strategies for business transformation. He enjoys excellent rapport with all stakeholders.