Sigma Advanced Systems bags Rs 1,013 crore export order for 155mm artillery shell bodies

Hyderabad: Defense manufacturer Sigma Advanced Systems Ltd on Monday said it has received an export order worth $104.9 million (approximately Rs 1,013 crore) from a North American customer for the manufacture and supply of 147,000 155mm base bleed artillery shell casings. The order is planned to be implemented within the next six to 12 months.

The Hyderabad-based company said the contract marks its foray into producing more advanced base-bleed artillery shells, after previously securing export orders for 155mm fuzes and M107 artillery shells.

Base discharge projectiles are designed to extend the range of artillery systems by reducing aerodynamic drag in flight through a gas-generating unit at the rear of the projectile, while remaining compatible with existing 155 mm artillery platforms.

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The company said the order comes at a time when global demand for extended-range artillery ammunition is increasing, as countries increase investments in defense modernization and ammunition stockpiling.

Sigma said the contract is expected to increase its profitability and strengthen its position in the global defense manufacturing supply chain by adding a reference program for future export opportunities.