Award31 Dec 2025, 12:33 pm
Bharat Forge Secures Rs. 1,661.9 Crores Contract from Indian MoD for Supply of Indigenously Designed CQB Carbines
AI Summary
Bharat Forge Ltd has been awarded a significant contract by the Indian Ministry of Defence for the supply of indigenously designed and developed CQB Carbines (5.56 x 45 mm) to the Indian Army. The contract, valued at Rs. 1,661.9 crores, is to be executed within a period of five years from the date of signing, i.e., December 30, 2025. The counter-party of this contract is the Indian MoD, making it confidential in nature.
Key Highlights
- Bharat Forge secures Rs. 1,661.9 crores contract from Indian MoD
- Contract for supply of 255,128 CQB Carbines (5.56 x 45 mm) to the Indian Army
- Contract to be executed within five years from the date of signing (December 30, 2025)
- Counter-party is the Indian Ministry of Defence
- Contract is confidential in nature