Sigma Advanced Systems Secures $104.9M Export Order for Artillery Shells

Sigma Advanced Systems Limited has secured a significant export order worth USD 104.9 million (approximately INR 1,013 crore) from a North American customer for 147,000 units of next-generation Extended Range 155mm Base Bleed Artillery Shell bodies. The order is to be executed over the next 6 to 12 months. This contract is expected to be margin accretive, enhancing profitability and strengthening Sigma's position in the global defence manufacturing supply chain. The company is moving up the value chain by manufacturing technologically advanced shells that integrate complex engineering and propulsion technologies, catering to the growing global demand for modernized artillery systems and extended-range fire support capabilities.