Deals26 Mar 2026, 07:51 pm
Hilton Metal Forging Ltd Secures Rs. 720 Cr Contract for 3,60,000 155mm M107 Bomb Artillery Shells
AI Summary
Hilton Metal Forging Limited has entered into an Interim Sales Agreement for the supply of 360,000 standard 155mm M107 empty bomb artillery shells. The agreement, worth approximately Rs. 720.00 Crores, will be executed over a 24-month period, reinforcing the company's strategic expansion into the defence manufacturing sector. The agreement ensures stable and predictable cash flows with estimated monthly billing of approximately INR 30 crore.
Key Highlights
- Contract for the supply of 3,60,000 (Approx. Rs. 720.00 Crores) empty artillery shells
- Delivery over a period of 24 months
- Estimated monthly billing of approximately INR 30 crore
- Customer is a registered defence authority with requisite approvals
- Non-Exclusive Nature: The agreement allows flexibility to cater to additional customers