NIBE Bags Landmark $17.5M Israeli Rocket Launcher Deal

NIBE, a pioneering Indian manufacturer of critical defence systems, has secured a significant order worth USD 17.52 million (approximately ₹150.62 crore) from a globally renowned, technology-driven company based in Israel.

The contract involves the production and supply of universal rocket launchers with a range of up to 300 km, developed using cutting-edge technology being manufactured in India for the first time for the global market.

These universal rocket launchers are among the most advanced in their class, engineered to surpass current global benchmarks in performance and reliability.

News by Rahul Yelligetti.