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Bengaluru, October 4, 2024: Navratna Defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI), Israel’s leading aerospace and defence company, have announced the establishment of a joint venture company (JVC), which has been incorporated in the name of BEL IAI AeroSystems Private Ltd.

The JVC with its registered office in Delhi shall be the single point of contact (SPOC) for extending long-term product support to the Medium Range Surface-to-Air Missile (MRSAM) systems of India’s Defence Forces.

The partnership marks another significant step in cementing the relationship between the two companies that have a long history of association for strategic programmes. BEL and IAI are collaborating in several joint programmes for the Tri-services.

The JVC has been set up for providing life cycle support, both technical and maintenance related, for MRSAM air-defence systems of the country.

MRSAM is an advanced, path-breaking air and missile defence system that provides protection against a variety of aerial threats. It was jointly developed by IAI and DRDO for India’s Defence Forces and is currently used by the Indian Air Force, Indian Army, Indian Navy and also Israeli Defence Forces. The system includes an Advanced Phased Array Radar, Command and Control shelter, mobile launchers and interceptors with an advanced RF seeker.

The formation of the JVC is in line with the Indian Government’s vision of Atmanirbhar Bharat. The JVC will leverage the capabilities of both IAI and BEL.

Bengaluru, October 7, 2024: Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured additional orders of more than Rs. 500 Crores since its last disclosure on September 11, 2024.

The major orders received include EMI shelters, AMC for Integrated Air Command and Control System nodes, upgrade / spares for gun systems, spares for radars, communication system, etc. With these orders, BEL has now accumulated orders totalling Rs. 7,689 Cr in the current financial year.

Thiruvananthapuram/Bengaluru, October 25, 2024: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs. 8,530.43 Cr during the 1^st half of FY 2024-25, registering a growth of 15.83% over the Turnover of Rs. 7,364.82 Cr recorded in the corresponding period of the previous year.

During the 2^nd Quarter of FY 2024-25, BEL achieved a Turnover of Rs. 4,425.29 Cr as against Rs. 3,918.13 Cr recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the 1^st half of FY 2024-25 stood at Rs. 2,488.22 Cr, with a growth of 40.05% over the PBT of Rs. 1,776.69 Cr recorded in the corresponding period of the previous year.

During the 2^nd Quarter of FY 2024-25, PBT stood at Rs. 1,450.88 Cr as against Rs. 1,072.94 Cr recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 1^st half of FY 2024-25 stood at Rs. 1,867.41 Cr, with a growth of 39.03% over the PAT of Rs. 1,343.18 Cr recorded in the corresponding period of the previous year.

During the 2^nd Quarter of FY 2024-25, PAT stood at Rs. 1,091.27 Cr as against Rs. 812.34 Cr recorded in the corresponding period of the previous year.

The order book position of the company as on 1^st October, 2024, stood at Rs. 74,595 Cr.

Bengaluru, December 9, 2024: Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured additional orders worth Rs.634 Crores since the last disclosure on November 8, 2024.

Major orders include maintenance of Akash Missile System, telescopic sights for guns, communication equipment, jammers, electronic voting machines, test stations, spares, services, etc. With these orders, BEL has now accumulated orders totalling Rs.8,828 Crores in the current financial year.

Bengaluru, December 10, 2024: Mr Nilabhra Sengupta, IRSSE (1997 batch), has taken charge as Chief Vigilance Officer (CVO) of Navratna Defence PSU Bharat Electronics Limited (BEL) on deputation.

Mr Nilabhra Sengupta completed his B.E in Electronics & Telecommunications from Jadavpur University, Kolkata, in 1996 and joined the Indian Railway Service of Signal Engineers two years later.

Before taking over as CVO of BEL, Mr Sengupta was serving as Chief Signal and Telecom Engineer/Projects at Metro Railway, Kolkata. He was also holding additional charge of Director (Rolling Stock and Systems) in Kolkata Metro Rail Corporation. He has served as ADRM Operations in Eastern Railway, Howrah division, and has also been on deputation to RITES and Bangalore Metro Rail Corporation from 2014 to 2017.

Mr Nilabhra Sengupta has a vast work experience of more than 25 years with the Govt. of India, in diverse areas such as Signalling and Telecommunications, Safety of Train Operations, Metro Technologies, Budget, Procurement, General Administration, Personnel Management and IT.

Bengaluru, December 23, 2024: Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured additional orders worth Rs. 973 Crores since the last disclosure on December 9, 2024.

Major orders include Platform Screen Doors for Metro Rail, Radars, Communication equipment, Jammers, Seekers, Upgraded Submarine Sonar, Upgraded Satcom terminals, test stations, spares, services, etc. With these orders, BEL has now accumulated orders totalling Rs. 9,801 Crores in the current financial year.

Bengaluru	Hari Haran E A
December 23, 2024	Sr DGM (Cop Comn)

Bengaluru/Thiruvananthapuram, December 23, 2024: The employees of Navratna Defence PSU Bharat Electronics Limited (BEL) have generously contributed Rs. 1.89 Crores towards the Chief Minister’s Distress Relief Fund (Kerala).

Shri Damodar Bhattad, Director (Finance), and Shri Vikraman N, Director (HR), BEL, handed over the cheque for Rs. 1,89,13,013/- (Rupees One Crore Eighty Nine Lakhs Thirteen Thousand and Thirteen Rupees) to the Hon’ble Chief Minister of Kerala, Shri Pinarayi Vijayan, at Thiruvananthapuram today. Shri Anoop Nair, Chief of Security Services, BEL, was also present.

The Hon’ble Chief Minister appreciated BEL and its employees for the noble gesture.

Mr Manoj Jain, Chairman & Managing Director, Bharat Electronics Limited, presented the 80% final dividend cheque of Rs.299,03,37,547.20/- (Rupees Two Hundred Ninety Nine Crore Three Lakh Thirty Seven Thousand Five Hundred and Forty Seven Point Two Zero Only), payable on the shares held by the President of India, to the Honorable Defence Minister, Shri Rajnath Singh, at New Delhi on  October 29, 2024. The Company had paid the First Interim Dividend of 70% (on face value of Rs.1 per equity share) in February 2024 and the Second Interim Dividend of 70% (on face value of Rs.1 per equity share) in March 2024. The Company has thus paid a total dividend of 220% on its paid-up capital for the year 2023-24.

Bengaluru, September 30, 2024: Navratna Defence PSU Bharat Electronics Limited (BEL) and Space Applications Centre (SAC), ISRO, Ahmedabad, have signed an MoU to collaborate, indigenise and develop infrastructure for the productionisation of space-grade Travelling Wave Tube Amplifiers (TWTAs) in India. Signed at SAC Ahmedabad, the MoU will give a boost to the indigenisation of defence and space production and save foreign exchange for the country.

TWTA is a complex multi-disciplinary technology involving controlled interaction of microwave with electron beam under ultrahigh vacuum conditions. State-of-the-art fabrication and manufacturing facility for TWTAs has been established at BEL.

TWTAs developed by SAC, ISRO, and manufactured by BEL will be used in satellite communication and navigation payloads, microwave remote sensing radar payloads, scientific missions or probes and inter-spacecraft communications links. These items are integral parts of various communication and microwave remote sensing payloads.

Mr Nilesh M Desai, Director of SAC, Ahmedabad, and Mrs Niti Pandit, General Manager (Strategic Planning)/BEL-Corporate Office, signed the MoU in the presence of senior officials from both the organisations.

Photo caption: Mr Nilesh M Desai, Director SAC, and Mrs Niti Pandit, GM (Strategic Planning), BEL, exchanging the MoU documents in the presence of officials from both the organisations.

About Space Applications Centre

SAC is a lead R&D centre of ISRO carrying out diverse design and development activities in the field of space-borne payloads for communication satellites, optical and microwave remote sensing satellites, navigation satellites, scientific & planetary satellite payloads and associated ground applications for various ISRO missions aimed at national development.

SAC is also involved in the design and realisation of ground segment and user segment hardware, mathematical models/algorithms/techniques and software for various applications covering diverse areas of communication, navigation, land resources, meteorology, oceanography, environment monitoring and disaster management as well as space sciences.

About BEL

BEL, a Navratna PSU under the Ministry of Defence, Government of India, enjoys the leadership position in the Defence / Strategic Electronics market in India. BEL has the expertise in design, development, engineering, manufacture of radar & weapon systems, network centric and communications systems, electronic warfare & avionics, naval systems, electro-optics and laser based products, tank electronics and gun systems, space electronics and satcom systems, strategic components and civilian products.

BEL has been continuously striving to expand its solution offerings to the Non-Defence domain. Some of the recent notable new business initiatives of BEL include homeland security, smart / safe cities, cyber security, software, rail & metro solutions, civil aviation, space electronics, medical electronics, jammers, anti-drone systems, unmanned systems, e-vehicles, etc. BEL is also a CMMi Level 5, ISO 27001-2013 (ISMS) certified and CERT-In empanelled agency.

SR DGM (CORP.COMM)

BANGALORE

Bengaluru, August 10, 2024: Mr Rajnish Sharma took charge as Director (Bangalore Complex) of Navratna Defence PSU Bharat Electronics Limited (BEL) on August 10, 2024. He was working as General Manager of BEL’s Military Radars SBU prior to his elevation.

Mr Rajnish Sharma graduated in Mechanical Engineering from the Delhi College of Engineering in 1989 and joined BEL in 1990. In an eventful career spanning over 33 years, he has served at various Units and Strategic Business Units (SBUs) of BEL, gaining diverse exposure to core technologies such as Radar Systems, Secure Communication, Electronic Warfare & Avionics, Naval Missile Systems, etc.

He has played a pivotal role in the execution of some of the largest systems of BEL, including LRSAM, which has broadened his outlook and given him a holistic view of organisational businesses, challenges, people, teams, diverse cultures, etc.

While taking up such roles and challenges, he has also acquired professional competencies like the Certified Project Management Professional, Certified Manager of Quality and Organisational Excellence, Six Sigma, CII Business Excellence Assessor, etc. Such learnings have enabled him to successfully execute key projects with international companies like Thales-France, Selex-Italy, HSA-Holland, RAC-Russia and IAI-Israel.

Also, active involvement with LRDE in projects such as the Airborne Early Warning & Control System with CABS, Flycatcher, Weapon Locating Radar, Reporter Radar, Revathi and Rohini Radars have helped Mr Rajnish Sharma hone his skills for a variety of business and production processes critical to the success of any business entity.

His versatility, observant nature and close association with technology partners has given Mr Rajnish Sharma the knack to assimilate learnings and translate technology into developing mature and robust processes leading to best-in-class products. His process orientation and die-hard, never-give-up attitude has stood him in good stead, helping him to meet stringent targets on time.