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NIBE Ltd Secures ₹563 Crore Contract for Loitering Munition Systems from Indian Army

Aug 17, 2026•about 3 hours ago

Contract Type

contract

Manufacturing

Description

NIBE Ltd has been awarded a ₹563.35 crore contract by the Indian Army to provide 30 Loitering Munition Systems and related equipment. This procurement emphasizes the commitment to indigenous defense systems within India. The contract will be executed in tranches over 12 months, following an advance payment.

Company Information

Company

Nibe Ltd

About

Nibe Ltd is a manufacturer specializing in ground equipment and military accessories. The company is known for its innovative solutions in the defense sector. It provides high-quality products for various military applications. Nibe focuses on advanced technology to meet the needs of its clients.

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