TASL, NIBE bag ₹1,577-crore Army contracts for loiter munitions
The contracts, signed in the presence of Defence Secretary Rajesh Kumar Singh in New Delhi, have been processed under the ‘Buy Indian’ category through the Fast Track Procedure
On August 14, 2026, the Indian Ministry of Defence signed contracts worth ₹1,577 crore with Tata Advanced Systems Ltd (TASL) and NIBE Ltd for precision-strike loiter munition systems. The procurement involves 84 systems, 840 munitions, and accessories, enhancing the Army's capability to strike targets up to 100 km away. The contracts were signed in New Delhi in the presence of Defence Secretary Rajesh Kumar Singh and processed under the 'Buy Indian' category through the Fast Track Procedure.
The deal includes 60% overall indigenous content, with at least 50% of materials, components, and software sourced domestically. Tata Advanced Systems Ltd will supply 54 systems and 540 munitions at ₹1,013.77 crore, while NIBE Ltd will provide 30 systems and 300 munitions for ₹563.36 crore. These systems aim to fill a gap in the Army's precision-strike capabilities, currently reliant on BrahMos missiles for ranges beyond 40-50 km.
The Indian Army has already operationalized some artillery regiments and batteries with loiter munition systems under Phase-I, with plans to equip more units under this latest procurement. The Ministry emphasized that the acquisition would significantly boost the operational effectiveness of Artillery Regiments, supporting the government's Aatmanirbhar Bharat initiative. Delivery of the equipment is scheduled within 12 months from the date of advance payment.
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- Indian Army to get loitering munitions worth ₹1,577 crore hindustantimes.com