Bharat Electronics Signs MoU With Larsen & Toubro
Navratna Defence PSU Bharat Electronics (BEL) has entered into MoU (Memorandum of Understanding), with construction engineering company Larsen & Toubro (L&T). The agreement signed during Aero India 2021 was for continuing the cooperation between the two firms in addressing the needs of the evolving domestic and export markets for defense products and systems.
Through strategic alignment, enhancing indigenization content, and collaboration using high-end and advanced technologies the two firms would try to leverage capabilities to meet domestic needs and enhance export prospects.