India


DAC clears 10 capital acquisition proposals of Rs 1.05 lakh cr

New Delhi, July 3 (UNI) The Defence Acquisition Council, chaired by Defence Minister Rajnath Singh, today accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to around Rs 1.05 lakh crore through indigenous sourcing.

The AoNs were accorded for procurement of armoured recovery vehicles, electronic warfare system, integrated common inventory management system for the Tri-Services and Surface-to-Air missiles.

These procurements will provide higher mobility, effective air defence better supply chain management and augment the operational preparedness of the Armed Forces.

AoNs were also accorded for procurement of moored mines, mine counter measure vessels, super rapid gun mount and submersible autonomous vessels.

These procurements will enable mitigation of potential risks posed to the naval and merchant vessels.

To provide further impetus to indigenous design and development, AoNs were accorded under the buy (Indian-Indigenously Designed Developed and Manufactured) category.
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