HAL signs Rs 2400 crore contract with BEL, the biggest order ever placed on Indian company
In a major boost to indigenization, HAL signed a contract with Bharat Electronics Limited (BEL) for development and supply of 20 types systems for the LCA Tejas Mk1A program here today. The five-year contract spanning from 2023 to 2028 is valued at Rs 2400 crores and involves supplying critical avionics Line Replaceable Units (LRUs), flight control computers and night flying LRUs. This is the biggest ever order that HAL has placed on any Indian company boosting ‘Atmanirbhar Bharat’ campaign.