In an attempt to bolster the defence capabilities of the country, the Ministry of Defence on Wednesday, March 29 signed three contracts -- two with Bharat Electronics Limited (BEL), Ghaziabad and one with New Space India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO), at a total cost nearly Rs 5,400 crore. Notably, the Ministry of Defence has taken significant steps in recent times to boost domestic defence manufacturing.Two contracts with Bharat Electronics Limited (BEL) are worth approximately Rs 2,400 crores. According to the Ministry of Defence, the first contract with Bharat Electronics Limited (BEL) pertains to the procurement of the Automated Air Defence Control and Reporting System ‘Project Akashteer’ worth Rs 1,982 crore for the Indian Army.
