Defence ministry signs ₹1,577 cr drone deal for Indian Army
pre-market1 source ↓written by the desknot a recommendation
- contract with Tata
- ₹1,577 crore
- Private Ltd
- 84 loitering munition systems
- delivery expected
- 12 months
- of loitering munitions
- 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 historic purchase aims to enhance the Indian Army's drone capabilities, with delivery expected within 12 months. The move reflects India's strategic focus on advanced military technology amidst global conflicts.
• 84 sets of loitering munitions ordered
• Delivery within 12 months
• Aimed at enhancing combat readiness
Not investment advice. For informational purposes only.