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Jindal Stainless supplies special alloy steel sheets in DRDO's SMART system for Navy



Posted On : 2024-05-08 13:10:25( TIMEZONE : IST )

Jindal Stainless supplies special alloy steel sheets in DRDO's SMART system for Navy

Jindal Stainless, India's leading stainless steel manufacturer, announced it has developed and supplied 3 mm special alloy steel sheets for structural application in the Supersonic Missile-Assisted Release of Torpedo (SMART) system, aimed at enhancing the Navy's anti-submarine warfare capabilities. The specialised grade sheets used for flying applications in the next-generation missile-based light-weight torpedo delivery system were supplied to the country's military research arm Defence Research and Development Organisation (DRDO), which designed and successfully flight-tested it off the coast of Odisha last week.

The specialised sheets can withstand both high pressure and high temperature during the flight, and were indigenously developed by Jindal Stainless' strategic vertical, Jindal Defence and Aerospace, at the company's Hisar facility in record turnaround time.

Commenting on the landmark development, Managing Director, Jindal Stainless, Mr Abhyuday Jindal, said, "The successful flight-testing of the Navy's SMART system is a significant milestone in India's strategic defence capabilitiesfar beyond the conventional range of light-weight torpedo. Jindal Stainless is a proud contributor to bolstering the Indian Navy through the canister-based missile system that demands materials of the highest quality to ensure optimal performance and reliability. Jindal Stainless' special alloy steel sheets have been rigorously tested to meet and exceed the stringent requirements for such critical applications."

SMART carries advanced light-weight torpedo as payload along with parachute-based release system, and can be launched from coasts as well as warships. Several state-of-the-art mechanisms such as symmetric separation, ejection and velocity control have been validated in this test, according to the defence ministry.

Jindal Stainless has supplied material for key projects under the DRDO as well as the Indian Space and Research Organisation (ISRO) in the past, including India's ambitious lunar mission Chandrayaan, PSLV, GSLV Mk3, Nuclear Submarine missile system, missile canister for almost all missile programmes and exhaust unit application in rockets. The company is also working dedicatedly towards meeting the material requirements of the upcoming missile programmes.

Jindal Stainless is among the select few companies in the world to get certified with an AS 9100D Certification, a quality management system for aviation, space, and defence organisations.

Shares of Jindal Stainless Limited was last trading in BSE at Rs. 701.15 as compared to the previous close of Rs. 721.75. The total number of shares traded during the day was 80287 in over 4451 trades.

The stock hit an intraday high of Rs. 727.15 and intraday low of 690.05. The net turnover during the day was Rs. 56719450.00.

Source : Equity Bulls

Keywords

JindalStainless INE220G01021 SupersonicMissileAssistedReleaseofTorpedo DRDO Navy