Deals26 May 2025, 12:49 pm
Sunita Tools Ltd Receives Major LOI for Supply of Empty Artillery Shells 155mm M107 to a NATO Country
AI Summary
Sunita Tools Limited, a player in the defence manufacturing sector, has received a Major Letter of Intent (LOI) for the supply of Empty Artillery Shells 155mm M107. The order entails the delivery of 1,00,000 pieces, with the supply commencing at a rate of 10,000 pieces per export batch from Qtr 3 2026 onwards until the order is completed. This LOI is over and above the Last LOI notified on Mar 21,2025. The deliveries will begin Q3 2026.
Key Highlights
- Sunita Tools Limited has received a Major Letter of Intent (LOI) for the supply of Empty Artillery Shells 155mm M107.
- The order entails the delivery of 1,00,000 pieces.
- The supply will commence at a rate of 10,000 pieces per export batch from Qtr 3 2026 onwards.
- This LOI is over and above the Last LOI notified on Mar 21,2025.
- The deliveries will begin Q3 2026.