Bharat Forge teams up with AM General for artillery exports
KSSL, Bharat Forge's defence arm, partners with a U.S. military vehicle specialist to sell the MArG 155mm platform globally, including a bid for the US Army's Mobile Tactical Cannon program.
— 3 earlier stories on Bharat Forge Ltd. →What's new
- KSSL signed a strategic partnership with AM General to offer the MArG 155mm mounted artillery system.
- The deal includes a proposal to participate in the US Army's Mobile Tactical Cannon program.
- No financial terms or order values were disclosed; delivery is planned for 2027 if selected.
Why this matters
The partnership opens a direct channel into the US defence market. For a company with a market cap of ₹96,569 crore, this is a narrative win for export credentials — but without a contract value, it remains a positioning move, not a revenue event.
What we're watching
- Whether the US Army issues a solicitation for the Mobile Tactical Cannon program.
- Any follow-up orders that convert this partnership into booked revenue.
- Bharat Forge's defence revenue share, currently a small slice of the topline.
The full read
Bharat Forge's defence arm KSSL just entered the race for America's next mobile cannon. A strategic partnership with AM General, a major US military vehicle builder, gives the MArG 155mm mounted artillery system a shot at the US Army's Mobile Tactical Cannon program. Delivery would come in 2027 upon down-selection. No order value was disclosed, which is typical for this stage. For a company worth ₹96,569 crore, this is a genuine but non-quantified export push. It strengthens the defence narrative. It does not move the needle on earnings today.
Questions answered
- What exactly did Bharat Forge's defence subsidiary sign?
- KSSL signed a strategic partnership with AM General to offer the MArG 155mm mounted artillery system to global militaries, and specifically to propose it for the US Army's Mobile Tactical Cannon program.
- What is the MArG 155mm platform?
- The MArG 155mm is a mounted artillery system developed by KSSL, Bharat Forge's wholly owned defence subsidiary. It was unveiled at Eurosatory in Paris alongside this partnership announcement.
- When could KSSL start delivering if selected?
- Delivery is planned for 2027 upon down-selection from the US Army's Mobile Tactical Cannon program.
- Why is this news significant despite no disclosed order value?
- It marks KSSL's entry into the US defence market via a top-tier partner. For Bharat Forge, which has a market cap of ₹96,569 crore, the strategic value is real but the lack of a contract means no immediate financial impact.
Bharat Forge Ltd.
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All notes on BHARATFORG →- 18 Jun 2026 · 4:15 PM IST Bharat Forge teams up with AM General for artillery exports
- 17d ago Bharat Forge wins ₹425 cr defence contract for first indigenous naval gas turbine
- 20d ago Bharat Forge's KSSL unveils Simha 4x4 at Eurosatory, no order attached
- 21d ago Bharat Forge unveils MArG artillery gun at Eurosatory, no order yet