Sigma Secures Export Contract Valued At Rs 208 Cr

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Hyderabad: Sigma Advanced Systems (Sigma) secured an export contract valued at $21.9 million (about Rs 208 crore) for manufacture and supply of 40,000 units of 155 mm M107 artillery shell bodies to a customer in North America.

The contract will be executed over six months. This new order marks an expansion in munitions capabilities for Sigma, moving from a fuze manufacturer to a complete artillery shell component production manufacturer. The requisite export authorisation from the department of defence production (DDP) has been obtained.

“This contract reflects the confidence international customers place in India’s defence manufacturing ecosystem and in Sigma’s ability to deliver products at scale. Manufacturing artillery shell bodies requires deep expertise in metallurgy, precision engineering, process control, and quality assurance,” said Sunil Kalidindi, chief executive officer and executive director, Sigma.

While the company has built relationships with global aerospace and defence OEMs, this engagement strengthens its credentials as an international manufacturing partner in the defence sector, a release said.

With production anchored in India and participation in international defence programmes continuing to grow, Sigma remains focused on expanding its global footprint while contributing to India’s emergence as a defence manufacturing hub, it said.

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