Bharat Electronics shines on bagging order from Israel
DSIJ Intelligence / 16 Feb 2017
Bharat Electronics (BEL) is shining on Thursday trade as it has won the contract at Aero India 2017 held in Bengaluru. The company’s share price increased by 0.51 per cent in an early trade and is trading at Rs 1,528 in intraday basis.
Bharat Electronics (BEL) is shining on Thursday trade as it has won the contract at Aero India 2017 held in Bengaluru. The company’s share price increased by 0.51 per cent in an early trade and is trading at Rs 1,528 in intraday basis.
BEL has received offset contract for CoMPASS from Elbit Systems Electro Optics-ELOP, Israel. The firm will provide 10 numbers of CoMPASS Systems for use in the Light Combat Helicopters (LCH) being manufactured by Hindustan Aeronautics (HAL).
The company has entered into a technical collaboration agreement with ELOP for the joint production and D-Level maintenance of compact multi-purpose advanced stabilised system for the helicopter programmes. The company will not only supply, but also provide maintenance support for CoMPASS to the user.
CoMPASS is a day-and-night surveillance system that includes a colour TV daylight camera, 3rd Generation 3-5 µm forward looking infrared (FLIR) sensor, laser target designator and range finder (LTDRF) and automatic tracking capabilities, as well as command and control capabilities.
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