The Ministry of Defence on Friday (August 14, 2026) signed contracts worth ₹1,577 crore with Tata Advanced Systems Ltd (TASL) and NIBE Ltd for the Indian Army.
Earlier reporting noted: Defence Ministry Signs Rs 1,577-Crore Loiter Munition Deal For Army Defence Ministry Signs Rs 1,577-Crore Loiter Munition Deal For Army Defence Ministry Signs Rs 1,577-Crore Loiter Munition Deal For Army Earlier reporting noted: The Ministry of Defence on Friday announced that it has signed contracts worth approximately Rs 1,577 crore with Tata Advanced Systems Limited and NIBE Private Limited for the procurement of Loiter Munition Systems, along with associated munitions and accessories, for the Indian Army.
The Ministry said the acquisition would enhance the operational effectiveness of Artillery Regiments and provide a major boost to indigenous defence manufacturing and the government’s Aatmanirbhar Bharat initiative. Earlier reporting noted: “The Ministry of Defence has signed contracts with TATA Advanced Systems Limited and NIBE Private Limited for the procurement of Loiter Munition Systems, along with munitions & other accessories, at an approximate cost of Rs 1,577 crore for the Indian Army,” it said.
