PTC Industries Receives Development Order from Gun Factory Kanpur for Major Artillery Gun Components

PTC Industries Receives Development Order from Gun Factory Kanpur for Major Artillery Gun Components

PTC Industries Receives Development Order from Gun Factory Kanpur for Major Artillery Gun Components​

PTC Industries Limited has received a development order from Ordnance Factory Kanpur, a unit of Advanced Weapons and Equipment India Limited, for two major artillery gun components. This contract represents a significant step in reinforcing PTC's role within India's defence manufacturing ecosystem.

The new order provides the company with further engagement with indigenous artillery gun platforms, building upon its ongoing experience with demanding artillery applications. Artillery systems require specialized components that can withstand severe load, shock, vibration, and operational conditions, making the domestic development and manufacture of such parts critical for India's long-term defence capability.

The contract awarded is a domestic development order for the manufacturing and supply of these major gun components to Ordnance Factory Kanpur. The project spans nine months. While the size or broad consideration of the order was not disclosed due to strategic and confidentiality considerations, it aligns with PTC’s strategy to expand into larger and more complex defence components and sub-systems.

PTC Industries has prior experience in advanced artillery applications, currently engaging in the development and supply of critical cast components for the M777 ultra-lightweight towed howitzer programme for BAE Systems. This continued work ensures that the company maintains high credibility regarding performance standards required for high-performance defence components.

The order underscores the relevance of PTC’s integrated manufacturing doctrine, PTC ONE T—From Melt to Mission™, which transforms advanced materials into mission critical components across various sectors including aerospace and land systems.

Details of the contract awarded are provided below:

ParticularsDetails
Entity Awarding OrderOrdnance Factory Kanpur, Unit of Advanced Weapons and Equipment India Limited
Nature of ContractDevelopment, manufacturing and supply of major artillery gun components
Type of OrderDevelopment order for two major artillery gun components involving engineering development, manufacturing and validation of high integrity parts.
Domestic/International EntityDomestic
Time Period for Execution9 Months
Broad Consideration / SizeNot disclosed due to strategic and confidentiality considerations

PTC Industries Limited operates as an advanced manufacturing company with over six decades of experience in critical engineering applications, serving aerospace, defence, space, and energy sectors. The company is focused on strengthening India’s indigenous defence industrial base by supporting the development and manufacturing of critical defence platform components.

PTCIL Stock Price Movement​

As of 11:54 AM, PTC Industries Limited sheds 1.04% in live trading, pulling back to ₹17650 as investors weigh the stock. The equity has seen a volume of 6,002 shares traded so far during the session.
 

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