
Airfloa Rail Technology has entered into a new strategic partnership and secured a fresh domestic order, strengthening its presence in both defence manufacturing and Indian Railways. The company continues to expand its capabilities across advanced engineering, rolling stock components, and high-precision defence solutions.
Airfloa Rail Technology announced a strategic joint venture with Big Bang Boom Solutions (BBBS), a defence technology company specialising in electronic warfare, AI-based autonomous systems, and advanced materials.
Under this agreement, Airfloa will hold a 51% stake while BBBS will retain 49%, establishing a dedicated manufacturing platform for BBBS’s existing and upcoming defence programmes in India. The collaboration covers a wide spectrum, including electronic warfare equipment, AI-driven autonomous defence systems, precision-engineered components, advanced materials, and defence-grade integration and testing.
The JV is designed to fast-track the industrialisation of defence technologies, enhance export capabilities, and capitalise on fast-growing areas such as UAVs and advanced material systems.
Separately, the company has received a domestic contract from the Integral Coach Factory (ICF), Chennai, for supplying and installing wider LHB coach windows (1460 × 700 mm) with sliding shutters for non-AC coaches.
The order is valued at approximately ₹2.87 crore, with completion targeted by 31 October 2026. Airfloa confirmed that the order does not involve related-party transactions and no promoter or group entity has any interest in the awarding authority.
Read More: Airfloa Rail Share Price Surges on Securing ₹113 Crore in New Orders in One Week!
As of November 24, 2025, at 10:55 AM, Airfloa Rail share price is trading at ₹373 per share, reflecting a decline of 1.06% from the previous closing price.
The JV strengthens Airfloa’s entry into high-growth defence segments, while the new ICF order reinforces its core railway business. Together, these developments enhance the company’s manufacturing capabilities, expand its market reach, and support long-term growth across both domestic and export-oriented opportunities.
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Published on: Nov 24, 2025, 1:13 PM IST

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