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BEL to Supply Ashwini Radars to IAF Under ₹2,463 Crore Deal

Written by: Team Angel OneUpdated on: Mar 13, 2025, 2:05 PM IST
BEL has secured a ₹2,463 crore contract to supply Ashwini Radars to the Indian Air Force, boosting its order book and supporting indigenous defence manufacturing.
BEL to Supply Ashwini Radars to IAF Under ₹2,463 Crore Deal
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Bharat Electronics Ltd (BEL) has secured a ₹2,463 crore contract (excluding taxes) from the Ministry of Defence to supply and provide services for Ashwini Radars to the Indian Air Force (IAF). The announcement was made through an exchange filing on March 12.

Following the announcement, as of March 13, 12:34 PM, Bharat Electronics Ltd (BEL) Shares were trading at ₹282.90, up ₹6.15 (2.22%) today, showing an 8.14% gain over the past month but a 2.43% decline over the past six months..

About Ashwini Radar 

The Ashwini Radar is an Active Electronically Scanned Array (AESA) radar developed by BEL in collaboration with the Defence Research and Development Organisation (DRDO). It includes an Identification Friend or Foe (IFF) system and features electronic scanning in azimuth and elevation, enabling 4D surveillance.

These radars are mobile and for deployment across different terrains. They come with Electronic Counter-Countermeasures (ECCM) and can automatically detect and track aerial targets, including fighter aircraft, UAVs, and helicopters.

BEL’s Order Book Update

With this latest contract, BEL’s total orders for the financial year now stand at ₹17,030 crore. The company has received multiple orders in recent months, including ₹843 crore worth of contracts for RF seekers, vessel and air traffic management systems, radar upgrades, spares, and electro-optic repair facilities.

Low-Level Transportable Radar (LLTR) System

The Ashwini Radar is categorized as a Low-Level Transportable Radar (LLTR). It is built using solid-state technology and is designed to track both fast-moving and slow-moving aerial targets. The radar is expected to support the Indian Air Force in improving its air surveillance and tracking capability.

Conclusion

In conclusion, the Ministry of Defence stated that the acquisition is part of efforts to strengthen domestic defence manufacturing. The contract is in line with ongoing initiatives to develop indigenous defence technology.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 13, 2025, 2:05 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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