Secunderabad, March 28 -- The Ministry of Defence (MoD) has signed a contract with Armoured Vehicle Nigam Limited for the procurement of Nag Missile System (NAMIS) Tracked version of anti-tank weapon platform and Force Motors Ltd & Mahindra & Mahindra Ltd for around 5,000 Light Vehicles for the Armed Forces at a total cost of around Rs 2,500 crore, according to officials.

These contracts under the Buy (Indian-Indigenously Designed, Developed, and Manufactured) category were inked in the presence of Defence Secretary Rajesh Kumar Singh in New Delhi on March 27, 2025, according to Defence PRO.

The total cost of the contract for procuring the NAMIS(Tr) weapon system, developed by the Defence Research & Development Laboratory of DRDO, is Rs...