BEL eyes deal for 7 more Navy missile systems

Bharat Electronics Ltd (BEL) is looking to ink a contract by end-2018 for seven more Long Range Surface-to-Air Missile (LRSAM) systems as part of the Navy’s P-17A stealth frigate programme.

The defence electronics manufacturer has already signed a contract for the first four systems.

Since the process of procurement has already been flagged off by the Navy, BEL expects to sign a contract for the next seven systems soon. An announcement in this regard was made by the company on Wednesday.

The missile system is a joint development with Israel Aerospace Industries (IAI) and DRDO. It includes a Track and Guidance Radar (MFSTAR), multifunction surveillance, launchers and missiles with advanced radio frequency seekers.

BEL had teamed up with IAI for the missile project and signed a memorandum of understanding in December 2012 for ship-defence systems.

Lead integrator ::

The BEL-IAI cooperation deal envisages BEL functioning as the lead integrator and producer of major sub-systems.

IAI will continue to act as design authority and to produce sub-systems as a main sub-contractor of BEL.

Recently, IAI sealed a $630-million deal to supply advanced LRSAM systems for four ships of the Indian Navy. Each system comprises at least one launcher, carrying eight missiles, among others.

Navy procurement ::

The Indian Navy plans to procure 12 LRSAM systems at a cost of more than $2 billion.

The LRSAM system offers protection against a wide range of aerial and naval threats.


By: The Hindu Business Line

Source Link: CLICK HERE


Categories: Navy

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