MoD signs contracts with M/s Tata Advanced Systems Ltd (TASL) & M/s NIBE Pvt Ltd on 13 Aug 2026 for procurement of Loiter Munition Systems, Loiter Munitions & accessories for the Indian Army at an approximate cost of Rs 1,577 crore. Procured from Indian vendors under the ‘Buy Indian’ category through the Fast Track Procedure, the acquisition will enhance the operational effectiveness of Artillery Regiments and strengthen indigenous defence manufacturing, giving a major boost to
#AatmanirbharBharat.