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The Economic Times
The Economic Times

MoD signs Rs 1,577 crore contracts for Loiter Munition Systems for Indian Army

The Ministry of Defence has signed contracts worth approximately Rs 1,577 crore with Tata Advanced Systems Limited (TASL) and NIBE Private Limited for the procurement of Loiter Munition Systems for the Indian Army.

The contracts, which also cover munitions and other accessories, were signed in New Delhi on August 14, 2026, in the presence of Defence Secretary Rajesh Kumar Singh.

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