Army procures drones with Tata as lowest bidder for ₹1,500 cr contract
pre-market1 source ↓written by the desknot a recommendation
- valued
- 850 one-way attack drones
- valued
- ₹1,500 cr
- securing
- 64% of the order
- which will receive
- 26% of the order
The Army has accelerated the procurement of 850 one-way attack drones valued at ₹1,500 cr, with Tata Advanced Systems Limited (TASL) emerging as the lowest bidder, securing 64% of the order. This fast-track initiative allows for supplies to commence within six months, enhancing operational capabilities.
The contract also includes Nibe Defence, which will receive 26% of the order. This procurement underscores the growing importance of drone technology in modern warfare, particularly after its notable impact in recent conflicts.
Not investment advice. For informational purposes only.