NSE:SIGMAADV

2 stories mentioning NSE:SIGMAADVUpdated 12d ago

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Sigma Advanced Systems Secures $22 Million Export Order for Artillery Shell Bodies

Sigma Advanced Systems (NSE:SIGMAADV, BOM:532408) has received an export order worth around $22 million for the supply of 40,000 units of 155 mm M107 artillery shell bodies to a North American customer, according to a Monday filing on Indian bourses.The contract is scheduled for execution within six months, with production and deliveries to be completed in the same period, the filing said.The scope covers the manufacturing of artillery shell bodies, an important structural component of ammunition, it added.The company said it has received export authorization from the Ministry of Defense.

BOM:532408NSE:SIGMAADV

Asia54d ago

Sigma Advanced Systems Secures 300 Million Pound Sterling Contract from Rolls-Royce; Shares Up 5%

Sigma Advanced Systems (NSE:SIGMAADV, BOM:532408) has entered into a seven-year long-term agreement worth nearly 300 million pounds sterling from Rolls-Royce, according to a Monday filing to the Indian stock exchanges.Under the pact, Sigma Advanced will supply high-precision-engineered, safety-critical components and assemblies for Rolls-Royce's aerospace programs.The partnership will provide the company with multi-year revenue visibility through a long-term order pipeline.The company's shares were up 5% in recent trade.

BOM:532408NSE:SIGMAADV

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