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Corporate News

Latest News about business and investments.

 
Bharat Forge wins contract worth Rs 1,661.9 cr from Ministry of Defence
30-Dec-25 18:57Hrs IST

The Indian MoD has awarded Bharat Forge (BFL) a Rs. 1,661.9 crore contract for supply of 255,128 CQB Carbines (5.56 x 45 mm) to the Indian Army. The contract signed on 30th December, 2025, sets forth order execution within five years. The 5.56 x 45 mm CQB Carbine is an indigenously designed, developed, and manufactured (IDDM) compact firearm jointly developed by Armament Research & Development Establishment (ARDE), DRDO and Bharat Forge, Pune. Aligned with the Atmanirbhar Bharat mission, we - BFL, and our wholly owned defence subsidiary Kalyani Strategic Systems (KSSL), remain dedicated to equipping the Indian Armed Forces with 'Made in India' advanced defence equipment and platforms.

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