Hyderabad-based Sigma Advanced Systems wins Rs 208 crore export defence contract
Hyderabad-based Sigma Advanced Systems has secured a Rs 208 crore export contract to manufacture and supply 40,000 units of 155 mm M107 artillery shell bodies to a North American customer. The six-month project strengthens the company's position in the global defence supply chain.
Hyderabad: Hyderabad-based Sigma Advanced Systems has been awarded an export contract valued at Rs 208 crore for the manufacture and supply of 40,000 units of 155 mm M107 artillery shell bodies to a customer in North America, a press release said.
The contract will be executed over a six-month period, with production and deliveries scheduled to be completed within this timeframe. The project involves the manufacture of 155 mm artillery shell bodies, a critical structural component of artillery ammunition that requires advanced metallurgical expertise, precision manufacturing capabilities and stringent quality assurance processes. The requisite Export Authorisation from the Department of Defence Production (DDP), Ministry of Defence, has been obtained, the company said.
Sunil Kalidindi, CEO and ED, Sigma Advanced Systems, said, “This order strengthens our position in the global defence supply chain and demonstrates our ability to support international customers with world-class manufacturing capabilities from India.”
The contract marks an important milestone in Sigma Advanced Systems’ continued expansion into global defence markets. It also strengthens the company’s credentials as a trusted international manufacturing partner in the defence sector, the press release added.
