Sat Jan 03 16:11:14 UTC 2026: Here’s a summary of the text and a rewrite as a news article:
Summary:
The Indian Army has signed a ₹293 crore contract with NIBE Limited, in collaboration with Israel, for the supply of the Suryastra, a Made-in-India advanced long-range multi-calibre rocket launcher system. This acquisition significantly boosts the Army’s deep-strike capabilities with a range of 150 km and 300 km. The system, developed under a technology collaboration agreement with Israeli firm Elbit Systems, boasts high accuracy and the ability to fire loitering munitions. The procurement was made possible through emergency procurement powers granted to the defence forces.
News Article:
Indian Army Bolsters Firepower with Indigenous Long-Range Rocket System
New Delhi, January 3, 2026 – In a significant boost to its artillery capabilities, the Indian Army has secured a ₹293 crore contract with Pune-based defence manufacturer NIBE Limited, in partnership with Israel, for the supply of the advanced Suryastra multi-calibre rocket launcher system. The acquisition, made under emergency procurement powers, will dramatically enhance the Army’s deep-strike capabilities with operational reach extending to 300 km.
NIBE Limited confirmed the contract in a filing to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The Suryastra, lauded as India’s first “Made in India” universal multi-calibre rocket launcher, can engage multiple targets simultaneously at varying ranges with a circular error probable (CEP) of less than five meters, according to trials. Additionally, the system can fire loitering munitions up to 100 km, adding to its operational versatility.
The development of the Suryastra system is a result of a Technology Collaboration Agreement (TCA) signed in July 2025 between NIBE Limited and Israeli defence major Elbit Systems. This marks a major step towards self-reliance in defence manufacturing, aligning with the government’s “Aatmanirbhar Bharat” initiative.
The emergency procurement was made possible after the Defence Acquisition Council (DAC) approved a proposal on December 26, 2025, allowing the armed forces to procure weapons systems up to ₹300 crore under expedited procedures. Deliveries are expected to commence within six months and conclude within a year.
This acquisition follows recent statements from DRDO chairman Samir V. Kamat regarding the development of extended-range Pinaka rocket systems, indicating a concerted effort to modernize and enhance the Indian Army’s rocket artillery capabilities.
First Piper 