Bharat Forge Signs ₹1,661.9 Crore Contract with Ministry of Defence for CQB Carbines
Bharat Forge Limited has announced the signing of a significant contract with the Ministry of Defence (Indian MoD) for the supply of indigenously designed and developed CQB Carbine (5.56 x 45 mm). Th...
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Why is Bharat Forge Limited in the news today?
Bharat Forge Limited (BHARATFORG) is in the news due to the company has secured a large contract from the ministry of defence, which is a positive development for its order book and future revenue.
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Bharat Forge Signs ₹1,661.9 Crore Contract with Ministry of Defence for CQB Carbines
December 31, 2025, 07:01 AM
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Bharat Forge Limited has announced the signing of a significant contract with the Ministry of Defence (Indian MoD) for the supply of indigenously designed and developed CQB Carbine (5.56 x 45 mm).
The contract, valued at ₹1,661.90 Crores, involves the supply of 255,128 CQB Carbines to the Indian Army. The agreement was officially signed on December 30, 2025, and stipulates that the order execution will take place over a period of five years from the contract date.
This contract falls under the category of domestic orders, as it is awarded by the Indian MoD. Bharat Forge Limited has confirmed that neither the promoter, promoter group, nor any group companies have any interest in the entity that awarded the order. Furthermore, the contract does not fall within related party transactions, ensuring it is conducted at arm's length.
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