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NIBE Signs ₹563 Crore Indian Army Vayuastra Munition Contract


14 August 2026
NIBE Ltd.

NIBE signed an Indian Army contract for its Vayuastra loitering munition system under Fast Track Procurement, securing an L2 vendor share worth approximately ₹563.35 crore. Context: a major order beyond the previously disclosed Suryastra contract.


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