Hilton Metal Forging Ltd has announced a major contract worth approximately Rs 720 crore for the supply of 360,000 standard 155mm M107 empty bomb artillery shells. The deal, awarded by a domestic entity, will be executed over 24 months with monthly deliveries of 15,000 units.
Hilton Metal Forging Ltd, a government-recognized export house, disclosed the development under SEBI’s Regulation 30 compliance. The contract is contingent on prototype approval and advance receipt, marking a significant milestone for the company in India’s defence manufacturing sector.
Contract Details
The order involves the supply of 360,000 artillery shells over two years, with production paced at 15,000 units per month. The total consideration is valued at Rs 720 crore, subject to prototype clearance.
Strategic Significance
This contract strengthens Hilton Metal Forging’s footprint in defence manufacturing, aligning with India’s push for domestic defence production. It also highlights the company’s ability to secure large-scale, high-value contracts in a sensitive sector.
Key Highlights
-
Supply of 360,000 M107 artillery shells
-
Contract value approx. Rs 720 crore
-
Execution timeline of 24 months
-
Prototype approval required before full-scale production
-
Awarded by a domestic entity
Sources: Company filing with BSE and NSE