Bharat Dynamics secures Rs 1,348 crore orders from HAL
Mumbai, June 24 -- The orders comprise Helina launchers and line replaceable units (LRUs) valued at Rs 1,109.37 crore, along with CMDS LRUs worth Rs 238.34 crore.
The company stated that it is unable to disclose further details of the contracts due to confidentiality requirements linked to national security considerations.
The orders are scheduled to be executed over a period ranging from 24 to 60 months. Bharat Dynamics clarified that the contracts do not fall under related-party transactions and that neither its promoters nor promoter group entities have any interest in the awards.
Bharat Dynamics is engaged in the manufacturing of missiles and allied defense equipment. The company provides the majority of its goods and services to t...
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