New Delhi, May 25 -- Nibe Limited, an aerospace and defence equipment maker, on Saturday, 24 May 2025, announced that the company received a Rs.150.62 crore ($17.52 million) export order from an Israel-based company.

"NIBE Limited is pleased to announce the receipt of a significant export Purchase Order valued at $17.52 million (approximately Rs.150.62 crores) from a globally renowned leading technology-based company in Israel," said the company in the BSE filing.

As per the filing data, the company will manufacture and supply Universal Rocket Launchers, which are capable of reaching up to 300 kilometres and export to the global market.

"The Universal Rocket Launcher is among the most advanced in its class and is designed to outperform...