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BDL signs MoU with UP EIDA to invest in UP Defence Corridor
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Medium Range Surface to Air Missile Flagged off at BDL
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Shares of Bharat Dynamics (BDL) rallied 7 per cent to Rs 399 on the BSE in the intra-day trade on Friday after the company signed a contract worth about Rs 499 crore with Ministry of Defence for manufacture and supply of Akash Missiles to the Indian Air Force (IAF).
With the present contract signed for supply of Akash to Indian Air Force, the company s order book position stands at about Rs 8,683 crore. The company has bagged new orders worth about Rs 2,803 crore (including taxes) during the FY 2020-21 which includes Anti - Tank Guided Missiles order worth about Rs 1,820 crore and Surface to Air Missiles order worth about Rs 793 crore , BDL said in a press release.
Bharat Dynamics (BDL) has signed a contract worth about Rs.499 crore with Ministry of Defence for manufacture and supply of Akash Missiles to the Indian Air Force.
The company has bagged new orders worth about Rs.2803 crore (including taxes) during the FY 2020-21 which includes Anti - Tank Guided Missiles order worth about Rs.1820 crore and Surface to Air Missiles order worth about Rs.793 crore.
With the present contract signed for supply of Akash to Indian Air Force, the order book position now stands at about Rs.8683 crore.
The company is also aiming to expand its footprints in the international market by offering Air to Air Missiles, Anti-Tank Guided missiles, underwater weapons and Counter Measure Systems in addition to Akash Missiles to friendly countries.
Bharat Dynamics Limited (BDL) on Thursday signed a contract worth about Rs 499 crore with the Ministry of Defence for the manufacture and supply of Akash missiles to the Indian Air Force (IAF). According to a press release, the contract was signed by Air Commodore Ajay Singhal, Air Commodore, Guided Weapons Maintenance on behalf of Indian Air Force and Commodore T N Kaul (Retd), Executive Director (Marketing) on behalf of BDL in the presence of Radhakrishna, Director (Production), BDL at New Delhi today. CMD, BDL Commodore Siddharth Mishra (Retd) stated that BDL is supplying Akash Missiles to the Indian Army and Indian Air Force. With the announcement from the Union Cabinet regarding clearance of Akash Weapon System for Export, the Company is exploring offering Akash for export to foreign countries. BDL has already received export leads from some countries expressing interest in procuring the Missile. The Company has a well-established infrastructure and expertise to execute thes
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