Bharat Electronics (BEL) has bagged an order for Akash Missile System for the Indian Air Force.
BEL has signed the contract with the Ministry of Defence, government of India, on 13 September 2019 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 crore and the delivery will be completed in three years. These systems will be commissioned at seven Air Force locations spread across pan-India.