Mumbai, Dec. 31 -- The order is scheduled to be executed over a period of five years. The 5.56 x 45 mm CQB Carbine is an indigenously designed, developed, and manufactured (IDDM) compact weapon, jointly developed by the Armament Research & Development Establishment (ARDE), Defence Research and Development Organisation (DRDO), and Bharat Forge.
Bharat Forge manufactures an extensive array of critical and safety components for several sectors, including automobiles (across commercial & passenger vehicles), oil & gas, aerospace, locomotives, marine, energy (across renewable and non-renewable sources), construction, mining, and general engineering.
The company's consolidated net profit rallied 23% to Rs 299.27 crore in Q2 FY26 as against Rs...
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