Deals8 Aug 2025, 04:32 pm
NIBE Ltd Receives USD 1.2 Million Order from Elbit Systems Land Ltd
AI Summary
NIBE Ltd has announced receiving a purchase order from Elbit Systems Land Ltd, a leading global Israel based defence technology company. The order is for manufacturing and supply of Ship-mounted universal rocket launcher mechanical kit and hydraulic kit, amounting to a total consideration of USD 1,200,000 i.e. approx. INR 10.52 crores. The order is to be executed by September 2026.
Key Highlights
- Order from Elbit Systems Land Ltd worth USD 1.2 Million
- For manufacturing and supply of Ship-mounted universal rocket launcher mechanical kit and hydraulic kit
- To be executed by September 2026
- NIBE Ltd's significant deal in the defence technology sector