ScoutQuest21 Oct 2026
Sigma Advanced Systems532408Major contract win

Sigma Advanced Systems Ltd press release

The order, for 155 mm artillery ammunition ancillary subsystems, is to be executed by Q2 2027.

By ScoutQuest · · 1 min read

Order Execution Timeline
to be executed by Q2 2027
Filled Fuzes Order Value
US$11.4 million in May 2026
Base-Bleed Shell Bodies Order Value
US$104.9 million in July 2026
Release
Order / contract

📌 The company says the order is its fifth 155 mm engagement since May 2026 and that its 155 mm portfolio now spans shell bodies, filled fuzes, base-bleed shell technology, course-correction fuze collaboration and ancillary subsystems.

📌 Sigma says any additional orders or longer-term supply arrangements would remain subject to customer demand, programme performance and mutually agreed commercial terms.

🌍 CEO Sunil Kalidindi said the order builds on capabilities Sigma has developed across the 155 mm segment and marks a further step in broadening the company's role in international defence manufacturing.

📌 The release lists earlier 155 mm wins: filled fuzes of US$11.4 million in May 2026, M107 shell bodies of US$21.97 million in June 2026 and base-bleed shell bodies of US$104.9 million in July 2026.

More numbers
  • Order value (approx. INR)₹174 crore
Source: BSE · 21 Oct 2026

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