Globe Forge Ltd enters into contract for order worth $64 Mn

Globe Forge Limited, a subsidiary of Nibe Ordnance and Maritime Limited has entered into a contract with leading global defence company to supply Empty shells amounting to USD 64 Million (i.e. approx. INR 568.64 Crores).

The contract will be honoured in tranches by February 2028, subject to certain statutory & regulatory approvals from various authorities in their respective countries by both the parties.

Source : Equity Bulls

Keywords

NibeOrdnanceandMaritime GlobeForge OrderWin EmptyShells