Bharat Forge Limited has informed the Exchange regarding a press release dated December 30, 2025, titled "Bharat Forge Limited (BFL) signs its largest Small Arms Contract with Ministry of Defence for Supply of Indigenously Designed and Developed CQB Carbine (5.56 x 45 mm)".
BHARATFORG · price
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Bharat Forge has secured its biggest small arms order worth Rs. 1,661.9 crores from the Indian Ministry of Defence for supplying 255,128 CQB Carbines (5.56 x 45 mm) to the Indian Army. The contract, signed on December 30, 2025, is to be executed over the next five years. The carbine is indigenously designed and developed jointly by DRDO's ARDE and Bharat Forge, supporting the Atmanirbhar Bharat mission. The order will be executed through BFL and its wholly-owned defence subsidiary Kalyani Strategic Systems Limited (KSSL).
This is a significant defence order worth roughly 10-15% of Bharat Forge's annual revenue, which should provide strong revenue visibility over the next five years and reinforce the company's positioning in the domestic defence segment. Positive sentiment likely for the stock given the size, strategic importance, and Make-in-India angle.