Defence ministry signs ₹1,577 cr drone procurement deal
after close1 source ↓written by the desknot a recommendation
- contract
- ₹1,577 crore
- 84 loitering munition systems
- combat readiness
- 12 months
- of loitering munition
- 84 sets
The defence ministry has signed a ₹1,577 crore contract with Tata Advanced Systems Limited and NIBE Private Ltd for 84 loitering munition systems. This marks the largest single purchase of drones in Indian military history, aimed at enhancing combat readiness within 12 months. The deal reflects India's strategic shift towards advanced drone technology amid global conflicts.
• 84 sets of loitering munition systems ordered
• Delivery scheduled within 12 months
• Enhances military capabilities against potential threats
Not investment advice. For informational purposes only.