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NIBE Secures ₹563.35 Crore Indian Army Loiter Munition Supply Contract


14 August 2026
NIBE Ltd.

Nibe secured a ₹563.35 crore Ministry of Defence contract to supply 30 loiter-munition systems and 300 munitions, executable in tranches within 12 months after advance payment—larger than FY26 revenue and a major order-book catalyst.


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