Lokesh Machines Clinches ₹9.5 Cr ASMI SMG Deal With Sashastra Seema Bal, Boosting Indigenous Border Defence
Hyderabad-based Lokesh Machines Limited has secured a significant ₹9.5 crore contract from the Sashastra Seema Bal (SSB). The deal involves supplying indigenous ASMI 9×19mm submachine guns (SMGs), marking a milestone for private sector involvement in small arms manufacturing.The company confirmed this in a stock exchange filing on March 17, 2026.This contract, valued at approximately $1 million,
Hyderabad-based Lokesh Machines Limited has secured a significant ₹9.5 crore contract from the Sashastra Seema Bal (SSB). The deal involves supplying indigenous ASMI 9×19mm submachine guns (SMGs), marking a milestone for private sector involvement in small arms manufacturing.The company confirmed this in a stock exchange filing on March 17, 2026.This contract, valued at approximately $1 million,
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