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BEL receives Offset Contract for CoMPASS from Elbit Systems Electro Optics - ELOP Ltd, Israel

Posted On: 2017-02-16 19:35:40

Elbit Systems Electro-Optics Elop Ltd (ELOP), Israel, has awarded Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) an Offset Contract for the supply of 10 numbers of CoMPASS Systems for use in the Light Combat Helicopters (LCH) being manufactured by Hindustan Aeronautics Limited (HAL). BEL received the CoMPASS Offset Contract today at Aero India 2017, Bengaluru.

BEL has entered into a Technical Collaboration Agreement with ELOP for the joint production and D-Level maintenance of Compact Multi-Purpose Advanced Stabilised System (CoMPASS, the trade name for EO/IR payload) for the helicopter programmes.

BEL has absorbed transfer of technology (ToT) for production and maintenance of CoMPASS in India. BEL will not only supply but also provide maintenance support for CoMPASS to the user.

The CoMPASS is a day-and-night surveillance systemd that includes a colour TV daylight camera, 3rd Generation 3-5 ┬Ám Forward Looking Infrared (FLIR) sensor, Laser Target Designator and Range Finder (LTDRF) and automatic tracking capabilities, as well as command and control capabilities. It is distinguished by a wide variety of interfaces, enabling integration with various aircraft / helicopter systems, such as Mission Computer, fire control, Radar, GPS, data downlink and helmet-mounted tracking systems. Its small dimensions, low weight, high level of stabilisation and coverage angles make it an optimal choice for long-range, day-and night surveillance, target tracking, fire control applications and search and rescue.

CoMPASS is the most advanced payload version of its family, featuring reduced weight, high degree of modularity and flexibility, space-saving packaging and advanced operational and video processing features.

Shares of BHARAT ELECTRONICS LTD. was last trading in BSE at Rs.1527 as compared to the previous close of Rs. 1524.3. The total number of shares traded during the day was 20706 in over 1198 trades.

The stock hit an intraday high of Rs. 1532 and intraday low of 1518.05. The net turnover during the day was Rs. 31581774.


Source: Equity Bulls

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