State-run Bharat Electronics Ltd (BEL) has signed a contract with the Ministry of Defence (MoD) in New Delhi to deliver its surface-to-air Akash missile systems to seven more squadrons of the Indian Air Force at a cost of Rs 5,357 crore over the next three years, the defence behemoth said on Friday.
“As a turnkey contract with specialist infrastructure, the systems will be commissioned in three years at seven Air Force bases across the country,” said the city-based company in a statement here.Read More…