Sigma Advanced Systems Limited has signed an exclusive memorandum of understanding (MoU) with Munitions India Limited (MIL) for the integration, indigenous manufacturing and supply of 155 mm artillery course-correction fuzes, along with associated components, subsystems and technologies. According to the latest disclosure on 14 October 2026, the collaboration is aimed at developing indigenous capabilities in precision-guided artillery ammunition and supporting ongoing critical programmes of the Indian military through the development, integration and localisation of advanced defence technologies. The MoU, disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, establishes an exclusive framework between the two companies.
Course-correction technology enables artillery projectiles to make adjustments to their trajectory while in flight, helping improve accuracy and operational effectiveness. As reported by Business Standard, Sigma said developing domestic capabilities in the segment could help strengthen India's defence technology ecosystem and reduce dependence on imported solutions. Under the collaboration, Sigma aims to facilitate technology transfer, qualification, local manufacturing and integration of advanced course-correction solutions in India, using the Course Correction Guidance Kit as part of the technology collaboration. The kit is described as a mature solution currently deployed by international customers, serving as the technology base for localisation under the agreement.
The initiative represents a significant expansion for Sigma Advanced Systems Limited, formerly Megasoft Limited, as it moves further up the defence value chain from precision engineering and subsystem manufacturing towards the development and integration of complete advanced defence systems. According to the latest disclosure, the partnership combines Sigma's engineering and programme execution capabilities with Munitions India Limited's established production infrastructure. The consortium aims to support ongoing critical programmes of the Indian military through development, integration, and localisation of advanced defence technologies, progressively enhancing indigenous content and technical expertise over the course of the programme. The collaboration leverages Sigma's UK subsidiaries, Nasmyth and Bromford, which serve international original equipment manufacturers in the global aerospace supply chain.
Sunil Kalidindi, chief executive officer of Sigma Advanced Systems, said the collaboration with Munitions India Limited marks an important step in advancing indigenous precision-guided artillery capabilities in India. As reported by Business Standard, Kalidindi said the companies aim to combine course-correction guidance technology with MIL's ammunition manufacturing capabilities and Sigma's engineering and programme execution strengths to build domestic capabilities in the segment. The collaboration also aims to create capabilities that could contribute to the requirements of India's defence establishment, including supplies for ongoing critical military programmes. The initiative is framed under the Government of India's Make in India and Atmanirbhar Bharat policy framework, focusing on reducing dependence on imported precision-guided artillery solutions.
