Ministry of Defence inks contract worth Rs.2269 Cr with BEL
The Ministry of Defence has signed a contract with Bharat Electronics Limited (BEL), Hyderabad on 13 February 2024 in New Delhi, for procurement of 11 Shakti Electronic Warfare Systems along with associated equipment/accessories for the Indian Navy under Buy (Indian- IDDM) category at a total cost of Rs.2269.54 Cr.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYThe Shakti EW System is indigenously designed, developed and manufactured. The Shakti EW System can accurately intercept electronic emissions and implement counter measures in dense electromagnetic environments.
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The Shakti EW System will be installed on-board capital warships of the Indian Navy. The project will generate employment of two and a half lakh man-days over four years with participation of more than 155 industry partners including MSMEs, thus furthering the vision of 'Atmanirbhar Bharat'.
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