CFF Fluid Control Limited (CFF), a leading Indian engineering company, has secured two significant contracts that solidify its position within the country’s defence and shipbuilding industries. These contracts highlight CFF’s expertise in manufacturing critical components for naval applications.
The first contract involves procuring spare parts for the P75 Project by the Material Organisation (MO), a department within the Indian Ministry of Defence. With a value of approximately ₹10.46 Crores (including tax), CFF will be responsible for supplying critical spare parts required for this strategic project. The delivery of these spares is expected to be completed by January 2025, ensuring the timely fulfilment of the contract.
The second contract, awarded by Garden Reach Shipbuilders & Engineers Ltd (GRSE), showcases CFF’s capabilities in supplying sophisticated technology for modern warships. Valued at approximately Rs. 266.94 Crores (including tax), this contract entails the procurement of Low-Frequency Variable Depth Sonar (LFVDS) systems for Yard 3029-3034 (ASW SWC). LFVDS technology plays a vital role in underwater detection and surveillance, enhancing the anti-submarine warfare (ASW) capabilities of these next-generation vessels. The delivery of these advanced sonar systems is anticipated by June 2032.
These contracts awarded to CFF Fluid Control demonstrate the growing demand for their expertise in the Indian defence sector. Their ability to deliver both essential spares and cutting-edge technology positions them as a key partner for the country’s maritime security endeavours.
Incorporated in 2012, CFF Fluid Control Limited is primarily engaged in the manufacturing and servicing shipboard machinery. It manufactures critical component systems and test facilities for submarines and surface ships for The Indian Navy. On July 03, 2024, CFF Fluid Control Limited’s share opened at ₹930.00 and touched the day high of ₹949.00 at 09:40 AM.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Jul 3, 2024, 4:29 PM IST
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