India’s Defence Ambitions Take Flight
In a landmark development for India’s private defence sector, NIBE Limited has secured a ₹6 crore international order from Israel’s Elbit Systems for the supply of components used in the 70mm Guided Advanced Tactical Rocket (GATR). Announced on August 3, 2025, this deal marks a significant leap in India’s indigenous defence manufacturing capabilities and strengthens its global footprint in precision weapon systems. The collaboration is a testament to NIBE’s growing reputation as a reliable partner in high-tech defence production.
Key Highlights
- NIBE Limited to manufacture and supply parts for Elbit Systems’ GATR 70mm guided rocket
- The order is valued at USD 700,000 (approximately ₹6.12 crore)
Delivery expected by September 2026
- The GATR system features semi-active laser guidance and a 10 km strike range
- Rockets compatible with platforms like AH-64 Apache and HAL Rudra
- Warhead capacity of 16 kg with penetration up to 200 mm in reinforced concrete
Strategic Significance of the GATR Rocket System
Precision and Versatility
- Designed for tactical air-to-surface missions
- Capable of intercepting moving targets up to 100 kmph
- Offers high accuracy with minimal collateral damage
Global Compatibility
- Integrates seamlessly with multiple attack helicopters
- Enhances mission success rates and operational safety
- Ideal for medium-strike operations in complex terrains
Technology Transfer and Localisation
- NIBE to lead platform integration and localised production
- Strengthens India’s self-reliance under the Atmanirbhar Bharat initiative
- Boosts domestic expertise in aerospace and systems integration
Market Impact and Investor Sentiment
- NIBE’s stock has delivered multibagger returns of over 16,000% in five years
- The company’s PE ratio stands at 86x, with ROE at 14% and ROCE at 16%
- Recent bulk deals include participation from MSB E Trade Securities and BNP Paribas
- Analysts view the Elbit partnership as a catalyst for future export growth
- The deal reinforces NIBE’s position in the global defence supply chain
Operational Strength and Expansion Plans
- NIBE operates advanced manufacturing facilities across Pune, Bangalore, Shirdi, Chakan, and Delhi
- Specialises in artillery ammunition, missile systems, small arms, and defence electronics
- Also engaged in production of Universal Rocket Launcher (SURYA) under Elbit’s license
- Plans to expand into long-range rocket systems with capabilities up to 300 km
- Focused on innovation, quality, and strategic collaborations to boost India’s defence exports
Conclusion: A New Era for Indian Defence Manufacturing
The Elbit Systems order is more than a business win—it’s a strategic milestone for NIBE Limited and India’s defence ecosystem. By delivering high-precision rocket components for a globally deployed system, NIBE is proving its mettle in advanced weapon manufacturing. As India continues to push for technological self-reliance and global partnerships, deals like this pave the way for a stronger, smarter, and more export-ready defence industry.
Source: WebIndia123
