Balu Forge Signs Five-Year Contract with NATO-Affiliated Entity for Ammunition Supply

Balu Forge Industries has signed a five-year memorandum of understanding with a NATO-affiliated entity to supply large-caliber ammunition empty shells from its new manufacturing facility in Belgaum, Karnataka. The agreement covers monthly deliveries of 30,000 units of 155 mm M107 and 10,000 units of 152 mm ammunition in ready-to-fill condition, priced at USD 315 per unit. The contract begins in February 2026, with plans to expand production capacity and include additional ammunition calibers.