Navratna Defence PSU Bharat Electronics Limited (BEL) has signed a contract with the Ministry of Defence, Government of India for procurement of Seven Squadrons of Akash Missile System for the Indian Air Force.
This is a turnkey contract with specialist infrastructure. The total value of the contract is Rs.5,357.00 crores (Rupees five thousand three hundred and fifty-seven crores only) and the delivery will be completed in three years. These systems will be commissioned at seven Air Force locations spread across Pan India.
