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FinanceSigma Advanced Systems Secures $104.9M Export Order for 155mm Base Bleed Shells
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Sigma Advanced Systems, a Hyderabad-based aerospace and defense components manufacturer, has secured a $104.9 million (approximately ₹1,013 crore) export order from a North American customer. The order involves manufacturing and supplying 147,000 units of 155mm base bleed artillery shell bodies over the next 6 to 12 months. Base bleed shells incorporate a gas-generating unit at the rear to reduce aerodynamic drag, significantly extending range while maintaining compatibility with existing 155mm artillery platforms. This contract represents a technological progression for Sigma, moving up the value chain from previous orders for fuzes and M107 shells. The order comes amid rising global investment in artillery modernization and ammunition stockpiling. Following the announcement, Sigma's shares closed 5% higher at ₹547.50 on the BSE.
Source report
Updated: July 27, 2026 08:48 pm IST Source: Hyderabad | The Hindu Bureau
Sigma Advanced Systems has secured a $104.9 million (approximately ₹1,013 crore) export order from a North American customer for the manufacture and supply of 1.47 lakh units of 155mm base bleed artillery shell bodies.
The Hyderabad-based manufacturer of aerospace and defence precision components stated that the order will be executed over the next six to 12 months.
Key Details
- Product: Precision-engineered artillery projectile casings designed for extended-range ammunition systems.
- Technology: Unlike conventional artillery shells, which experience aerodynamic drag and turbulence at the base during flight, base bleed shells incorporate a gas-generating unit at the rear. This reduces drag and significantly extends the effective range, while maintaining full compatibility with existing 155mm artillery platforms worldwide, according to a company release.
Strategic Significance
The contract marks a technological progression for Sigma, which had previously secured orders for 155mm fuzes and M107 artillery shell bodies. Base bleed shells integrate advanced aerodynamics, energetics, propulsion technologies, and systems engineering, representing a move up the value chain in artillery ammunition manufacturing.
The latest order aligns with Sigma’s strategy to:
- Strengthen engineering capabilities
- Enhance programme credentials expected by global customers from long-term strategic suppliers
Market Context
The order comes amid rising global investment in artillery modernisation, with defence forces across multiple regions focusing on:
- Ammunition stockpiling
- Extended-range fire-support capabilities to enhance operational readiness
Stock Performance
Sigma’s shares closed 5% higher at ₹547.50 each on the BSE.
Published: July 27, 2026 08:44 pm IST
Source
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Sigma Advanced Systems Secures $104.9 Million Export Order for 155mm Base Bleed Artillery Shells