The Ministry of Defence has awarded contracts worth ₹1,577 crore to TASL and NIBE for 84 loiter munition systems with 840 munitions, boosting the Indian Army's precision-strike capability up to 100 km. This procurement under the 'Buy Indian' category with 60% indigenous content is a major step towards Aatmanirbhar Bharat in defence manufacturing.
Exam Lens
Quick Exam Facts From News
1-Minute Revision
- ›Total Contract Value: ₹1,577 crore
- ›Number of Systems: 84 loiter munition systems
- ›Target this Data: ₹1,577 crore total contract; 84 systems; 840 munitions; range 100 km; 60% indigenous content; 50% in materials/software.
- ›Target this Nodal Body: Ministry of Defence (MoD) – signed contracts in presence of Defence Secretary Rajesh Kumar Singh.
- ›Target this Legal Point: 'Buy Indian' category under Defence Acquisition Procedure; Fast Track Procedure for urgent procurement.
Mastered this topic? Test your knowledge with a full MCQ quiz.
Practice exam-style questions, track your score, and strengthen your recall.