What Happened
Indian Defence Manufacturer Expands Munitions Capabilities
Sigma Advanced Systems has been awarded a significant export contract valued at $21.97 million to manufacture and supply 40,000 units of 155 mm M107 artillery shell bodies to a client in North America. The contract, which will be executed over a six-month period, marks a strategic expansion in munitions capabilities for the company. According to Sunil Kalidindi, CEO & Executive Director, this order reflects the confidence international customers place in India’s defence manufacturing ecosystem and in Sigma’s ability to deliver complex, high-precision products at scale. This development was first reported by Business Standard.