MSMEs to actively participate in Rs.642.17cr contract
The Ministry of Defence has signed a contract with Bharat Electronics Limited in New Delhi for procurement of 28 EON-51 systems for 11 New Generation Offshore Patrol Vessels and three Cadet Training Ships for the Indian Navy.
The Rs.642.17 crore contract, including taxes under Buy (Indian-IDDM) category, was signed on 8 Feb 2025, the Ministry of Defence said https://www.makeinindia.com/home/.
EON-51 is an Electro Optical Fire Control System which provides search, detection and classification of targets using Electro Optical and Thermal Imagers devices https://www.bseindia.com/.
The scheme will generate employment over a period of three years and encourage active participation of various Indian industries including MSMEs, thus significantly contributing to the Government’s efforts to achieve ‘Aatmanirbharta’ in defence, the Ministry said https://www.nseindia.com/. fiinews.com