New Delhi, July 9 -- Indian firms Tata Advanced Systems and Nibe Limited have emerged as the lowest bidders in the Indian Army's tender to procure 840 loitering munitions of 100 Km range worth around Rs 1,600 crore.

Defence sources said the Tata Advanced Systems has emerged as the lowest bidder (L-1) and will get to supply 64 per cent of the 840 loitering munitions required by the Indian Army's Artillery.

The second lowest bidder (L-2) in the tender is Nibe Defence, which would get to supply 36 per cent of the drones for the force, which is modernising itself for next-generation warfare. With this arrangement, the Tata group is likely to get orders worth around Rs 1,000 crore while Nibe Limited's share would be around Rs 600 crore.

The...