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Navratna Defense PSU Bharat Electronics Limited (BEL) on Saturday informed that the company has received orders worth Rs 962 crore. These orders also include a Rs 610 crore contract for the supply of Electro-Optic Fire Control System (EOFCS) to the Indian Navy. EON-51 is an electro-optical fire control system that provides search, detection and classification of targets using electro-optical and thermal imager devices.

Bharat Electronics said in a regulatory filing, "This fully indigenously developed system will be installed and integrated on Indian naval platforms. The system is capable of tracking all types of targets during day/night, performing panoramic/sector search and engaging tracked targets with medium range and short range gun mounts.

The Defence Ministry said in a statement that it has signed a contract with Bharat Electronics Limited in New Delhi for the procurement of 28 EON-51 systems for 11 new generation offshore patrol vessels and three cadet training ships for the Indian Navy. Its total cost is Rs 642.17 crore, including taxes under the Purchase (Indian-IDDM) category. Orders worth ₹352 crore Apart from this, BEL has secured orders worth ₹352 crore since its last disclosure on January 28, 2025. These include contracts for anti-drone systems, fuses, integrated fire detection and suppression systems, vessel communication systems, spares, and services. With these contracts, BEL's total order book for the current financial year stands at ₹11,855 crore. Stock performance On Friday, the company's stock closed down 0.88 per cent at ₹277.30. In the last one year, the company's stock has seen a gain of 50.05 per cent.