NIBE secures order from Elbit Systems
NIBE has secured a significant order from Elbit Systems, Israel's globally renowned defense technology firm, to manufacture and supply the parts of 70mm class air-to-surface rockets, also known as the Guided Advanced Tactical Rocket (GATR).
This advanced rocket combines precision strike capabilities (up to 10 km), with capacity to intercept moving targets of up to 100 kmph and sophisticated semi-active, laser guidance systems, for unmatched accuracy. The Guided Advanced Tactical Rocket is compatible and can be integrated into multiple attack helicopters around the world like AH-64 Apache and HAL Rudra. GATR can deliver 16 Kg of warhead with penetration of up to 200mm in reinforced concrete. Overall, it is a cost-effective, high-precision solution for tactical air operations and medium-strike missions.
With this deal, India will produce a sophisticated rocket of this caliber for the first time, which is significant for both NIBE Limited and the country's changing defense environment. The deal emphasizes NIBE Limited's rising prominence as a reliable international defense partner and India's expanding contribution to high-end defense production.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Standard
13 hours ago
- Business Standard
Nibe bags $1.2 million defence order from Elbit Systems for Naval Launcher Kits
Nibe has announced that it has received a purchase order from Elbit Systems Land, a leading global Israel-based defence technology company, valued at approximately $1,200,000 (around Rs 10.52 crore). The order entails the manufacturing and supply of a ship-mounted universal rocket launcher mechanical kit and hydraulic kit. According to an exchange filing, the project is scheduled for completion by September 2026. This naval rocket and missile launcher system is designed to address battlespace challenges that require effective maritime fire support and enhanced modern naval capabilities. The order marks a significant endorsement of Nibes engineering excellence, indigenous manufacturing capability, and its growing role in strengthening Indias position within the global defence manufacturing ecosystem. The collaboration with Elbit Systems reflects mutual trust, technological synergy, and a shared commitment to advancing maritime defence capabilities. The Ship-Mounted Universal Rocket Launching System represents a breakthrough in modern maritime combat a long-range, autonomous sea-to-shore weapon designed to redefine the limits of naval power. Engineered for cost-effectiveness, ease of operation, and minimal maintenance, the system offers unmatched reliability and performance during critical missions. Its ability to extend impact zones beyond traditional naval limitations empowers naval forces with superior strike range and tactical flexibility. Nibe also clarified that neither the promoters, promoter group, nor any group companies have any interest in the entity that awarded the order. NIBE is a leading Indian defense technology company, specializing in the development, manufacturing, and integration of advanced defense systems. The company's consolidated net profit declined 30% to Rs 7.64 crore on a 25.8% drop in total income to Rs 113.64 crore in Q4 FY25 over Q4 FY24. The counter fell 9.89% to end at Rs 1,438 on the BSE.
Time of India
5 days ago
- Time of India
Hajj 2025: Saudi Arabia's airspace sets new record with over 140,000 flights
Saudi Arabia set historic records for air traffic during the Hajj 1446 AH (2025) season/Image: File TL;DR: Saudi Arabia's airspace recorded over 140,000 domestic and international air movements during Hajj 1446 AH (2025), an 8% increase from last year. Key operational milestones included a single-day record of 2,338 air traffic movements and 74,902 arrivals in the lead-up to Hajj—reflecting major advances in capacity, coordination, and efficiency. The Saudi Air Navigation Services company managed airspace for 213 airlines, underscoring broad international participation and the Kingdom's crucial logistical role in the pilgrimage. Saudi Arabia set historic records for air traffic during the Hajj 1446 AH (2025) season, highlighting the success and scale of its national coordination to facilitate millions of pilgrim journeys. According to official sources, the Kingdom handled more than 140,000 flights (both domestic and international) throughout the arrival and departure periods, reflecting an 8% year-on-year increase in volume as per Saudi Press Agency. Key metrics Arrival Phase (Dhu Al-Qidah 1: Dhu Al-Hijjah 8, 1446 AH): 74,902 air movements were recorded, representing a 15% jump over the prior year. Departure Phase (Dhu Al-Hijjah 23: Muharram 15, 1447 AH): 66,072 flights took place, marking a 2% increase year-on-year Single-Day Peak: On Dhu Al-Hijjah 2, 1446 AH, airspace witnessed 2,338 aircraft movements, a new daily record and a 4% rise over the most comparable day in 2024. Airlines & Connectivity: The season saw Saudi air navigation services provided to 213 airlines, further expanding the reach and diversity of international air corridors through the Kingdom during Hajj. The Saudi Air Navigation Services company (SANS) played a central role by deploying advanced technical infrastructure and highly skilled air traffic controllers, engineers, and maintenance teams. This sophisticated operational response ensured safety, seamless air traffic flows, and the efficient passage of pilgrims across all major Saudi airports. Strategic significance Readiness for Peak Seasons: The record numbers highlight the Kingdom's preparedness for managing the world's largest annual religious movement, underpinned by robust national planning and technological upgrades in air navigation. Expanding Global Partnerships: By serving 213 separate airlines, Saudi Arabia underscored its increasing international aviation connectivity and its vital role as a gateway for Muslim pilgrims worldwide. Support for Hajj Objectives: These air traffic records reflect the Kingdom's commitment to delivering a safe, smooth, and efficient journey for all pilgrims, enhancing the spiritual and logistical success of Hajj. Hajj 1446 AH marked a milestone not only in the spiritual journey of millions but also in the operational excellence of Saudi Arabia's aviation sector. By managing record-breaking air traffic with over 140,000 flights, including a single-day peak of more than 2,300 movements, the Kingdom showcased its sophisticated infrastructure, skilled personnel, and strategic coordination. This remarkable achievement underscores Saudi Arabia's commitment to facilitating a seamless, safe, and efficient pilgrimage experience, strengthening its position as a global hub for religious travel and international air connectivity. As the Kingdom continues to advance its preparedness and cooperation with international airlines, future Hajj seasons are poised to reach even greater heights of operational success and pilgrim satisfaction.
Business Standard
6 days ago
- Business Standard
NIBE secures order from Elbit Systems
To supply 70mm Guided Advanced Tactical Rockets NIBE has secured a significant order from Elbit Systems, Israel's globally renowned defense technology firm, to manufacture and supply the parts of 70mm class air-to-surface rockets, also known as the Guided Advanced Tactical Rocket (GATR). This advanced rocket combines precision strike capabilities (up to 10 km), with capacity to intercept moving targets of up to 100 kmph and sophisticated semi-active, laser guidance systems, for unmatched accuracy. The Guided Advanced Tactical Rocket is compatible and can be integrated into multiple attack helicopters around the world like AH-64 Apache and HAL Rudra. GATR can deliver 16 Kg of warhead with penetration of up to 200mm in reinforced concrete. Overall, it is a cost-effective, high-precision solution for tactical air operations and medium-strike missions. With this deal, India will produce a sophisticated rocket of this caliber for the first time, which is significant for both NIBE Limited and the country's changing defense environment. The deal emphasizes NIBE Limited's rising prominence as a reliable international defense partner and India's expanding contribution to high-end defense production.
