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SIGMAADV — Sigma Advanced Systems News Story

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India's Sigma Advanced Systems gains on Rolls-Royce Aerospace UK agreement

BUZZ-India's Sigma Advanced Systems gains on Rolls-Royce Aerospace UK agreement

** Shares of India's Sigma Advanced Systems SIGD.NS rise 5% to 692.70 rupees

** Aerospace and defence precision engineering co says it secured a further long-term agreement worth nearly £125 million ($170.31 million) with Rolls-Royce Aerospace UK through recently acquired subsidiary Bromford Precision Solutions

** Adds Bromford will manufacture aero-engine rings, casings, lock plates and other critical engine structures at Sigma's India and UK facilities

** Stock more than triples YTD



($1 = 0.7339 pounds)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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