
Deals8 Jun 2026, 07:55 am
Sigma Advanced Systems Wins ₹208 Cr Export Contract
AI Summary
Sigma Advanced Systems has secured a significant export contract worth approximately INR 208 crore (US$21.97 Mn) for manufacturing and supplying 40,000 units of 155 mm M107 artillery shell bodies to a North American customer. The contract is to be executed over six months. This order marks a strategic expansion for Sigma, moving beyond fuze manufacturing to complete artillery shell component production, positioning the company as a comprehensive global defence munitions partner. The company has obtained the necessary Export Authorisation from the Ministry of Defence. This deal strengthens India's role in global defence manufacturing and Sigma's position in the international defence supply chain.
Key Highlights
- Secured INR 208 crore export contract for artillery shell bodies.
- Contract involves 40,000 units to be delivered in six months.
- Expands Sigma's capabilities into complete artillery shell component production.
- Strengthens India's global defence manufacturing position.
- Enhances Sigma's credentials as a trusted international defence partner.
Price Impact
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