• Home
  • Business
  • Sigma Advanced Systems secures Rs 22 million artillery shell bodies export order from North America
Sigma Advanced Systems secures Rs 22 million artillery shell bodies export order from North America

Sigma Advanced Systems secures Rs 22 million artillery shell bodies export order from North America


Sigma Advanced Systems secures Rs 22 million artillery shell bodies export order from North America

Hyderabad: Sigma Advanced Systems on Monday said it has bagged an export contract worth US$21.97 million (nearly Rs 208 crore) to manufacture and supply 40,000 units of 155 mm M107 artillery shell bodies for a customer in North America.The Hyderabad-based company said the order has to be executed over a period of six months, with production and deliveries scheduled for completion within that period.The company said the contract involves producing 155 mm shell bodies, a core structural element of artillery ammunition that demands advanced metallurgical expertise, high-precision machining, heat treatment, and rigorous quality assurance to perform reliably under extreme operating conditions.The company has secured the required export authorisation from the department of defence production under the ministry of defence, it said. According to the company, industry demand for 155 mm ammunition components has risen as the calibre remains the global standard for modern artillery systems and is widely used across NATO and allied platforms.The company said the contract marks a strategic expansion of its munitions capabilities, positioning the company beyond its earlier focus as a fuze manufacturer and into complete artillery shell components production.“The move gives Sigma dual capability in key ammunition subsystems and strengthens its profile as an end-to-end engineering and precision manufacturing partner for global defence customers,” it said.The scale of the order also underlines Sigma’s capacity to execute high-volume, mission-critical manufacturing programmes for international customers, it added.“This contract reflects the confidence international customers place in India’s defence manufacturing ecosystem and in Sigma’s ability to deliver complex, high-precision products at scale,” said Sunil Kalidindi, CEO and executive director, Sigma Advanced Systems.Sigma said the deal strengthens its credentials in global defence supply chains amid a broader shift toward diversified, reliable manufacturing partners. The company operates across India and the UK, with expansion underway in the United States.



Source link

Related Posts

Us Inflation: Cost of conflict: US inflation hits 3-year high as Iran war fuels energy shock

US inflation climbed to a fresh three-year high in May, driven largely by rising energy prices linked to…

ByBySaartaj Jun 10, 2026

How to protect your wealth when rupee is falling

For a retail investor, the impact depends on what they own and why the rupee is weakening in…

ByBySaartaj Jun 10, 2026

Ahmedabad Metro Rail Project Phase 2A: Ahmedabad Metro expansion: Cabinet approves Rs 2,169-crore airport corridor

The Union cabinet on Tuesday approved Phase 2A of the Ahmedabad Metro Rail Project, a 6.032-km corridor connecting…

ByBySaartaj Jun 10, 2026

Indian Equity Market: Stock market today: Which are top 10 gainers and losers on NSE & BSE on June 10? Check list

Benchmark equity indices gave up most of their intraday gains on Wednesday, with the Sensex ending marginally higher…

ByBySaartaj Jun 10, 2026

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top