Team News Riveting
New Delhi, December 17
The Defence Acquisition Council (DAC) had approved Capital Acquisition proposals of various Weapons, Platforms, Equipment, Systems required by the Indian Army, the Indian Navy and the Indian Air Force at an approximate overall cost of Rs 28,000 crore.
The meeting was held under the Chairmanship of Raksha Mantri Rajnath Singh.
This was the first meeting of the DAC under the new regime of Defence Acquisition Procedure 2020 and these were the first set of Acceptance of Necessity (AoNs) accorded with majority AoNs being accorded in the highest categorization of Buy Indian (IDDM).
Six of the seven proposals, that is, Rs 27,000 crore out of Rs 28,000 crore for which AoNs were granted would be sourced from the Indian industry to give a boost to the “Make in India” and “Atmanirbhar Bharat” initiatives of the Government.
Acquisition proposals approved today include the DRDO designed and developed Airborne Early Warning & Control (AEW&C) Systems for the Indian Air Force, Next Generation Offshore Patrol Vessels for the Indian Navy and Modular Bridges for the Indian Army.
