Bharat Forge secures contracts under emergency procurement for indigenous unmanned systems

Bharat Forge Ltd, Aerospace Division has achieved a significant milestone in India’s defence modernisation journey by securing contracts worth approximately Rs. 300 crores under the ongoing Emergency Procurement – VI (EP-VI) framework. These contracts are for the Indian Army and also for end use at Indian Navy, cover a range of indigenous unmanned systems, including Intelligence, Surveillance, and Reconnaissance (ISR) platforms and loitering munitions. The contracted platforms namely Omega One, Omega Nine, Bayonet, and Cleaver, are developed for India to meet urgent operational requirements across diverse terrains and mission profiles.

At 1.33 pm, Bharat Forge was trading at Rs. 1,457.75, up by 0.74%, with a volume of 0.14 lakh shares on the BSE.