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Bharat Electronics Ltd Empowering the Nation’s Defence ForcesPerformance Highlights 2014-15 | |||||||||||||||||||||||||||
India FINANCIAL HIGHLIGHTS
MAJOR ORDERS EXECUTED Some of the significant orders executed during the year include supply of the following products/systems:
The following projects merit special attention: 3-D Tactical Control Radar: It is a state-of-art, medium-range surveillance & tracking radar designed to effectively play the role of medium range surveillance radar mounted on a mobile platform. The radar operates in S-band and is capable of Track-While-Scan of airborne targets up to 90 kms.
Schilka Gun Tank Upgrade: Schilka Upgrade is an all-weather, self-propelled, tracked, low-level Air Defence Weapon System against attacking aircraft and helicopters. The Analog Radar system has been upgraded to state-of-the-art Search-cum-Track Digital Radar with electro optical fire control system. The system is capable of firing aerial targets while on the move.
Hull Mounted Sonar to Myanmar: The sonar is used for detecting, localising and tracking surface and sub-surface targets in both active and passive modes. The sonar is designed to meet the naval requirements of Myanmar. It was developed jointly with NPOL.
SANKET Mk - III: It is a ship-borne ESM system capable of detecting low probability of Intercept Radars with high probability of intercept. The system is wide band, frequency and parameters.
NEW PRODUCTS Some of the new products/systems introduced during the year are:
A closer look at some of the new products: Export Version of Unit Level Switch Board (ULSB) Mk III: It is an automatic telephone exchange designed to meet the communication requirements of the Army at unit level; it employs TDM Switching concept and it is of non–blocking type.
Software Defined Radio for Navy: It is a Multi-band, Multi-channel in HF and V/UHF frequency bands with inbuilt Highest Grade Secrecy and Electronic Counter-Counter Measure feature supporting ship, ground and air operations. The radio is JSS 55555 & MIL 461 E compliant.
Advanced Composite Communication System (Bharati) for Navy: Advanced Composite Communication System (ACCS) is a fourth generation voice and data integrated system for fulfilling the external communication needs of modern submarines in VLF/HF/V/UHF frequency bands.
Simulator for Akash Missile System (Army): This simulator is developed for training Army personnel on the usage of operational sequence of Akash Weapon System. Two Versions — vehicle version and classroom version, have been developed.
Secured Phone (CDMA): Secured Phone without camera is designed as per the Army’s requirement for making secure calls and sending text messages.
MAJOR ORDERS RECEIVED During the year 2014-15, the Company received orders around Rs.5,130 crores. Significant among the high value orders include:
HIGHLIGHTS DURING 2014-15
EXPORT PERFORMANCE
BUSINESS INITIATIVES To ensure sustained performance and growth, the Company has undertaken the following initiatives:
Strategic alliances for emerging businesses through co-development, co-production and production ToT: The Company is working in many strategic areas such as Next Generation Electronic Warfare Suites, Air Defence Systems, Tactical Communication Systems, Battlefield Management Systems, Passive Night Vision Devices and Multi-sensor Stabilisation Systems. The major new initiatives undertaken in the year 2014-15 are Long Term Evolution (LTE)-based Military Networking solutions, Directed Energy Weapons, Electronics Systems for Futuristic Infantry Combat Vehicle (FICV), Missile Containers, Training Simulators and Smart City Elements.
The Company has entered into many strategic alliances for addressing the emerging opportunities in these areas with Defence laboratories, Ordnance Factory Board and other reputed global OEMs. These include Surface-to-Air (SAM) systems, Air Defence Radars, Battlefield Management System, Sonar Systems, Next Generation Night Vision Devices, Gun upgrades/new gun programmes, Inertial Navigation Systems, Medium-Altitude Long-Endurance Unmanned Aerial Vehicles (UAVs) and maintenance of Aerostat Surveillance and Communication systems.
Emphasis on in-house R&D: In the changing business environment, indigenous development of Defence products would be of paramount importance. Reinforcing in-house R&D as well as co-development would be the key to enhancement of business. BEL has taken several steps to enhance in-house R&D.
Thrust on exports and offsets: BEL is focusing on opportunities in the areas of Offset obligations of vendors in various RFPs of the Ministry of Defence. The focus is on ‘Build to Print’, ‘Build to Spec’ and ‘Buyer Nominated Equipment’. BEL has signed MoUs with many foreign companies and is working with major Aerospace and Defence companies to establish long-term supply chain relationships. BEL is also pursuing possibilities to export products and systems to friendly countries with the approval of MoD. Currently, the Coastal Surveillance System and Electronic Voting Machines are being promoted to South East Asian, Middle East and African countries.
The Company is putting in efforts to enter new areas in Defence and Non-Defence for expanding its business. SAM systems, Electronic Ammunition Fuses, Satcom Terminals, LTE, Gigabit Passive Optical Network, Routing & Switching products are some of the areas being attempted in Defence. In the non-Defence domain, opportunities related to critical infrastructure protection, Air Traffic Management Radars, Intelligent Traffic Management Systems, Solar Power Plants and Smart City Elements are being focused.
BEL is planning to set up a Rs.500-crore Greenfield Weapon Systems facility in Andhra Pradesh. The new facility will focus on the design, development and production of all kinds of weapon systems such as fire control, missile systems and other weapon upgrade programs and the plant is expected to be ready in two years.
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