Contract Details

NIBE Limited has signed a contract with the Indian Army for the supply of the "Vayuastra" loitering munition system under the Fast Track Procurement (FTP) category. The company has been awarded the L2 vendor share of the contract, valued at approximately ₹563.35 crore.

Contract Structure

| Parameter | Details |

| Platform | Vayuastra – Loitering Munition System |

| Procurement Route | Fast Track Procurement (FTP) |

| NIBE's Position | L2 (Second Lowest) Vendor |

| Contract Value (NIBE Share) | ₹563.35 Crore (approx.) |

| Vertical | NIBE Limited |

Product Description

The Vayuastra system is described as a man-portable, precision-guided loitering munition designed for high-value target engagement with minimal collateral impact. The induction under the FTP route reflects the Indian Army's emphasis on rapid capability infusion using proven, combat-ready, indigenous platforms.

Strategic Significance

The contract marks a significant milestone in NIBE's loitering munitions programme and represents continued contribution to the Government of India's Atmanirbhar Bharat and Make in India initiatives in the defence sector. The contract was formally concluded in the presence of senior representatives from both the Indian Army and NIBE Limited.

Delivery Timeline and Financial Impact

The order is expected to contribute meaningfully to NIBE's defence order book over the delivery timeline, with deliveries to commence in line with the contractual schedule agreed with the Indian Army.

Company Background

NIBE Limited is a diversified Indian engineering and manufacturing company with a growing footprint in defence and aerospace through its subsidiary NIBE Defence & Aerospace Limited. The company's defence portfolio spans:

  • Loitering munitions
  • Rocket and missile subsystems
  • Unmanned aerial systems (UAS)
  • Counter-UAS (C-UAS) solutions
  • Precision-engineered components for the Indian Armed Forces

The company operates in line with the Government of India's Atmanirbhar Bharat vision for self-reliance in defence manufacturing.