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NIBE Lands Rs 259.6 Million Defence Order, Strengthens Tactical Portfolio


Updated: July 10, 2025 16:30

Image Source: Dr Vijay Malik
NIBE Ltd has secured a fresh purchase order worth Rs 259.6 million, reinforcing its position as a key player in India’s defence manufacturing ecosystem.
 
Order Overview
  • - The contract involves the supply of advanced defence-grade components, likely tied to NIBE’s expertise in embedded systems, smart weapon integration, or modular battlefield platforms.
  • - While the client remains undisclosed, industry speculation points to aerospace or armoured vehicle applications.
Strategic Impact
  • - The order will be executed over the next 18–24 months, adding to NIBE’s robust pipeline of defence contracts.
  • - It follows recent wins, including a Rs 150.6 crore order from an Israel-based OEM for Universal Rocket Launchers.
Market Sentiment
  • - Investors view the development as a positive signal amid India’s push for defence self-reliance.
  • - NIBE’s multi-division strategy across electronics, aeronautics, small arms, and space systems continues to attract institutional interest.
Sources: CNBC TV18, ProjectX India, Screener, MoneyWorks4Me, NIBE Ltd Corporate Website

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