SENSEX
NIFTY
GOLD
USD/INR

Weather

image 38    C

Company News

The Economic Times

Company / The Economic Times

details

SMPP, KNDS forge India partnership for next-generation loitering munitions

Indian defence firm SMPP and European giant KNDS have teamed up to manufacture advanced loitering munitions in India. This collaboration aims to boost India's defence production under the Make in India initiative. The partnership will initially supply the Indian Army with precision strike systems. It includes technology transfer and indigenous manufacturing, strengthening India's defence capabilities and reducing import reliance.

18 Jun 2026 4:30 pm