Goodluck Defence

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Description

Goodluck Defence And Aerospace is an Indian unlisted company specializing in 155 mm artillery shells and other defense and aerospace components. It is a subsidiary of Goodluck India Limited and is focused on advanced forging technologies for military applications, with strong interest from entities like Adani Defence & Aerospace for output. The company's products include various types of artillery shells, armored vehicle components, and precision-machined parts, aiming to contribute to the national defense sector through high-value added products. 

Key Details:

·        Parent Company: Goodluck India Limited 

·        Sector: Defence and Aerospace 

·        Products: Primarily focuses on 155 mm artillery shells, with variants such as high explosive (HE), precision-guided, and armor-piercing shells. Also manufactures land system components (armor modules, weapon mounts), aerospace parts, and advanced electronic systems. 

·        Key Initiatives: Developing advanced forging technologies and building a plant to produce 150,000 shells annually. 

·        Market Interest: Has shown strong initial demand, with interest from companies like Adani Defence & Aerospace for a portion of its output. 

Share Information (Unlisted Shares):

·        Status: The company's shares are not listed on public stock exchanges. 

·        Valuation: Share prices and market capitalization are available on these unlisted market platforms, with prices varying between platforms. 

Strategic Direction:

·        Value Addition: 

The company is focused on moving from lower value-added production to high-value-added products in the defense sector to improve margins. 

·        Collaboration: 

It leverages advanced technology and has established itself as a trusted partner for defense organizations by demonstrating its capabilities in R&D and manufacturing.