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SIGMAADV — Sigma Advanced Systems News Story

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India's Sigma Advanced Systems gains on Rolls-Royce aero parts contract

** Defense systems maker Sigma Advanced Systems SIGD.NS shares rise 5% to 248.49 rupees

** Co signs a seven-year deal with Rolls-Royce RR.L worth nearly 300 mln pounds (~$406 mln) to supply safety-critical aerospace parts

     ** SIGD "steadily moving closer to the core of the aerospace supply chain," CEO Sunil Kalidindi says

** SIGD holds a trailing 12-months PE of -92.29 compared to industry median of 39.63

** YTD, SIGD up 32%

($1 = 0.7383 pounds)

(Reporting by Abhinav Parmar in Bengaluru)

((Abhinav.Parmar@thomsonreuters.com;))

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