Bharat Forge Accelerates Aerospace & Defence Expansion with RSAL Acquisition and ₹425 Cr Navy Contract

Bharat Forge Limited is aggressively scaling its presence in the high-margin aerospace and defence sectors, marked by two major strategic milestones: the acquisition of an aerostructures firm and a landmark indigenous manufacturing contract from the Indian Navy. 1. Strategic Acquisition of RS Aerostructures (Aerospace) Deal Details: Through its wholly-owned subsidiary BF Industrial Solutions Limited (BFISL), Bharat Forge has acquired a 90% stake in RS Aerostructures Limited (RSAL) by purchasing 3.6 million equity shares (Rs 10 face value) at par. Corporate Impact: RSAL is now officially a step-down subsidiary of Bharat Forge. This integration is designed to enhance the group’s operational capabilities and create vital synergies in the aerospace manufacturing sector. 2. Landmark ₹425 Crore Contract for Indian Navy (Defence) Contract Details: Bharat Forge secured a 5-year contract (signed June 19, 2026) under the 'Buy (Indian)' DAP-2020 category to supply 12 Marine Gas Turbine Generators (GTGs) of 1.25 MW each for the Navy's Kolkata-class ships. Technological Milestone: This marks Bharat Forge's entry into the marine gas turbine business, delivering the first indigenous GT-based power plant to operate aboard Indian Naval ships, replacing older, lower-capacity units. Infrastructure & Sovereignty: The company will establish a dedicated Integration and Test facility for GTGs and participate in designing larger propulsion GTs. This ensures complete national sovereignty over the maintenance, repair, and overhaul (MRO) of these critical marine assets. Strategic Outlook: Together, these developments underscore Bharat Forge’s successful pivot towards complex, indigenous defence and aerospace manufacturing. By combining specialized aerostructures capabilities (via RSAL) with critical marine propulsion technology, the company is solidifying its role as a strategic, self-reliant partner for India's armed forces. $BHARATFORG