Bharat Forge's subsidiary bags $155.5 mn order to export artillery guns

Bharat Forge has been consolidating its defence and aerospace business under Kalyani Strategic Systems with an aim to target export opportunities in the defence sector

Kalyani Strategic Systems, a subsidiary of Bharat Forge Ltd, has received an export order for 155 mm Artillery guns worth $155.5 million from a non-conflict zone. According to the company's filing with the BSE, the order will be processed over three years.

"We are pleased to inform that Kalyani Strategic Systems Limited, a wholly-owned subsidiary of the Company, has been awarded an export order for a 155 mm Artillery Gun platform to be executed over a 3-year timeframe. The total value of the order is $155.50 mn," the filing read.

Bharat Forge manufactures a wide range of critical and safety