LR-SAM, Akash orderbook at $2 bn : BEL

[Laozi]

LR-SAM, Akash orderbook at $2 bn; 15-17% margin sustainable:

BEL LR-SAM and Akash missile system orders could be nearly worth USD 2 billion, adding roughly Rs 13,000 crore to total orderbook in the coming quarters, says MV Gowtama, Chief Managing Director of BEL.

MV Gowtama (more) CMD, Bharat Electronics Limited | The orders for LR-SAM and Akash missile system can be worth nearly USD 1 billion each, adding roughly Rs 13,000 crore to BEL 's total order book in the coming quarters, says Chairman and Managing Director MV Gowtama. The current orderbook is around Rs 34,000 crore.

While negotiations for Akash is underway and expected to be completed soon, the negotiations for LRSAM is expected to conclude by March. The company currently has margin of around 18-19 percent. But Gowtama says it is not sustainable. A 15-17-percent margin is achievable, he says in an interview to CNBC-TV18. Gowtama expects double-digit growth in defence over the next 10 years backed by India's focus on self-reliance in defence. He said the company is investing heavily into R&D with about 10 percent of revenues going into research.

The company is also heavily ramping up execution capabilities. Below is the verbatim transcript of MV Gowtama's interview to Latha Venkatesh, Sonia Shenoy and Anuj Singhal on CNBC-TV18.

Anuj: ......


http://www.moneycontrol.com/news/bu...-bn-15-17-margin-sustainable-bel_8537401.html

 

[Robinhood Pandey]

But But But. . . . Akash is a failed missile system as per the Internet experts here on PDF and the " NEW INDIAN EXPRESS "

 

[war&peace]

Wow what a hallucination...No deal has been signed guys.... it is just projection..read the details...the headline is misleading as always typical indian way of lying and fabrication.

But But But. . . . Akash is a failed missile system as per the Internet experts here on PDF and the " NEW INDIAN EXPRESS "

The day anyone buy... come back from IDF to comment here and troll ...

 

[Maler]

Akash isn't a SRSAM? When did it become a LRSAM??

 

[Robinhood Pandey]

The day anyone buy... come back from IDF to comment here and troll ...

http://timesofindia.indiatimes.com/...issiles-in-northeast/articleshow/40645978.cms

IAF has started getting deliveries of the six Akash missile squadrons

IAF has deployed the first two Akash squadrons at the Mirage-2000 base in Gwalior and Sukhoi base in Pune

so these deployments are happening without army and air force buying them hai na ?

Akash isn't a SRSAM? When did it become a LRSAM??

Author is talking about BARAK 8 LRSAM

 

[JOEY TRIBIANI]

No name of any foreign customer.

 

[Mustang06]

No name of any foreign customer.

Indian army and air force are buying it.

 

[JOEY TRIBIANI]

Indian army and air force are buying it.

They are buying tejas too after refusing it . seems like their government pressurized them to buy indian made junk under modi's "made in india " brainfart .
.
.
I am asking about any foreign customer.

 

[AnnoyingOrange]

LR-SAM, Akash orderbook at $2 bn; 15-17% margin sustainable:

View attachment 379176

BEL LR-SAM and Akash missile system orders could be nearly worth USD 2 billion, adding roughly Rs 13,000 crore to total orderbook in the coming quarters, says MV Gowtama, Chief Managing Director of BEL.

MV Gowtama (more) CMD, Bharat Electronics Limited | The orders for LR-SAM and Akash missile system can be worth nearly USD 1 billion each, adding roughly Rs 13,000 crore to BEL 's total order book in the coming quarters, says Chairman and Managing Director MV Gowtama. The current orderbook is around Rs 34,000 crore.

While negotiations for Akash is underway and expected to be completed soon, the negotiations for LRSAM is expected to conclude by March. The company currently has margin of around 18-19 percent. But Gowtama says it is not sustainable. A 15-17-percent margin is achievable, he says in an interview to CNBC-TV18. Gowtama expects double-digit growth in defence over the next 10 years backed by India's focus on self-reliance in defence. He said the company is investing heavily into R&D with about 10 percent of revenues going into research.

The company is also heavily ramping up execution capabilities. Below is the verbatim transcript of MV Gowtama's interview to Latha Venkatesh, Sonia Shenoy and Anuj Singhal on CNBC-TV18.

Anuj: ......


http://www.moneycontrol.com/news/business/lr-sam-akash-orderbook-at-362-bn-15-17-margin-sustainable-bel_8537401.html?utm_source=ref_article

Link borken. Here is a fresh link: http://www.moneycontrol.com/news/bu...-bn-15-17-margin-sustainable-bel_8537401.html

 

[INDIAISM]

They are buying tejas too after refusing it . seems like their government pressurized them to buy indian made junk under modi's "made in india " brainfart .
.
.
I am asking about any foreign customer.

Ya like your Airforce is buying JF 17 as they can't afford any other Fighter jet....Junk Fighter "Made in China"..: Painted in Pakistan" with "Made in China Paint"...

 

[JOEY TRIBIANI]

Ya like your Airforce is buying JF 17 as they can't afford any other Fighter jet....Junk Fighter "Made in China"..: Painted in Pakistan" with "Made in China Paint"...

Ehmmm Nigeria , Myanmar

 

[DavidSling]

LR-SAM, Akash orderbook at $2 bn; 15-17% margin sustainable:

View attachment 379176

BEL LR-SAM and Akash missile system orders could be nearly worth USD 2 billion, adding roughly Rs 13,000 crore to total orderbook in the coming quarters, says MV Gowtama, Chief Managing Director of BEL.

MV Gowtama (more) CMD, Bharat Electronics Limited | The orders for LR-SAM and Akash missile system can be worth nearly USD 1 billion each, adding roughly Rs 13,000 crore to BEL 's total order book in the coming quarters, says Chairman and Managing Director MV Gowtama. The current orderbook is around Rs 34,000 crore.

While negotiations for Akash is underway and expected to be completed soon, the negotiations for LRSAM is expected to conclude by March. The company currently has margin of around 18-19 percent. But Gowtama says it is not sustainable. A 15-17-percent margin is achievable, he says in an interview to CNBC-TV18. Gowtama expects double-digit growth in defence over the next 10 years backed by India's focus on self-reliance in defence. He said the company is investing heavily into R&D with about 10 percent of revenues going into research.

The company is also heavily ramping up execution capabilities. Below is the verbatim transcript of MV Gowtama's interview to Latha Venkatesh, Sonia Shenoy and Anuj Singhal on CNBC-TV18.

Anuj: ......


http://www.moneycontrol.com/news/business/lr-sam-akash-orderbook-at-362-bn-15-17-margin-sustainable-bel_8537401.html?utm_source=ref_article

https://defence.pk/threads/israel-defense-forces-current-and-future-interceptors.408299/page-5

 

[Maler]

Author is talking about BARAK 8 LRSAM

Ohhh....OK, my bad!!! I mistakenly read it together as 'LRSAM Akash' instead of 'LRSAM, Akash'.

 

[PWFI]

Ya like your Airforce is buying JF 17 as they can't afford any other Fighter jet....Junk Fighter "Made in China"..: Painted in Pakistan" with "Made in China Paint"...

Are you guys short of burnol once again? damnn

 

[Mustang06]

They are buying tejas too after refusing it . seems like their government pressurized them to buy indian made junk under modi's "made in india " brainfart .
.
.
I am asking about any foreign customer.

Just because IA and IAF are buying it the government is shoving it down the throat?