Rossell Techsys has achieved a record high stock price after securing a long-term Indefinite Delivery, Indefinite Quantity (IDIQ) contract with Boeing to manufacture electrical panel assemblies for the T-7A Red Hawk training aircraft. This partnership, which enhances Rossell’s established collaboration with Boeing since 2013, allows for the production of up to 1,200 shipsets through 2033, further solidifying India’s role in aerospace manufacturing. The company’s recent financial performance demonstrates significant growth, with a 94.3% increase in net sales year-over-year. This development highlights India’s expanding capabilities in defense manufacturing and its strategic importance in supporting major international defense programs, reinforcing the nation’s position in the global aerospace sector.