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Defence Ministry gives nod to acquisition proposals worth Rs 28,000 crore

Defence Ministry gives nod to acquisition proposals worth Rs 28,000 crore Defence Acquisition Council (DAC), which is the highest decision-making body of the (Defence) ministry, gave a go-ahead to the proposals, out of which acquisitions amounting to Rs 27,000 crore would be sourced from Indian authorities BusinessToday.In | December 17, 2020 | Updated 19:10 IST The ministry, in a series of tweets, said Defence Minister Rajnath Singh presided over the DAC meeting, in which five more proposals worth Rs 25,000 crore were cleared Ministry of Defence announced on Thursday, December 17, that it has approved acquisition proposals worth Rs 28,000 crore. Defence Acquisition Council (DAC), which is the highest decision-making body of the ministry, gave a go-ahead to the proposals, out of which acquisitions amounting to Rs 27,000 crore would be sourced from Indian authorities.

Push for Make in India: Rs 27,000 cr plans get Ministry of Defence nod

In a display of cost-cutting synergy between ministries, the government has announced that six used Air India A-320 jet airliners will be recycled into Airborne Early Warning & Control (AEW&C) systems for the Indian Air Force (IAF). This will involve withdrawing the airliners from Air India, sending them to France for fitment of airborne radars, and then handing them over to the Defence Research and Development Organisation (DRDO) to be integrated with the complex software that will allow these aircraft to function as “eye-in-the-sky” controllers of air force battles. The “acceptance of necessity” (AoN) of AEW&C systems was one of seven procurement clearances the Ministry of Defence (MoD) announced on Thursday, amounting to Rs 28,000 crore. The MoD terms this as a “big boost to Make in India”. These are the first AoNs the MoD is according under the new Defence Acquisition Procedure 2020.

DAC nod to proposals worth Rs 28,000 crore, two of them for surveillance

DAC nod to proposals worth Rs 28,000 crore, two of them for surveillance Apart from these, the DAC gave its go-ahead to the Navy to procure 38 BrahMos missiles and five more Next Generation Offshore Patrol Vehicles. It also cleared Modular Bridges for the Army. Updated: December 18, 2020 8:33:51 am Union Defense Minister Rajnath Singh inaugurates Aero India-2021, says “India is vigilant and prepared to counter and defeat any misadventures to defend our people and territorial integrity at all costs. THE DEFENCE Acquisition Council headed by Defence Minister Rajnath Singh on Thursday cleared seven proposals worth Rs 28,000 crore, two of which are aimed to boost surveillance capabilities of the forces. While one of them is for six new indigenously built “eyes in the sky” platforms for the Air Force, the other is related to Shipborne Unmanned Aerial Systems for the Navy.

Centre Approves Acquisition Of Military Hardware Worth Rs 28,000 Crore

Centre Approves Acquisition Of Military Hardware Worth Rs 28,000 Crore Centre Approves Acquisition Of Military Hardware Worth Rs 28,000 Crore The procurement proposals were cleared at a time India and China are locked in a bitter border standoff in eastern Ladakh. The military equipment approved for procurement will be acquired from domestic industry. (File) New Delhi: The defence ministry on Thursday approved procurement of weapons and military equipment worth Rs 28,000 crore including six airborne warning and control system aircraft for the Indian Air Force, official sources said. The procurement proposals were cleared by the Defence Acquisition Council (DAC) headed by Defence Minister Rajnath Singh.

DAC approves procurement worth ₹28,000 crore - The Hindu BusinessLine

DAC approves procurement worth ₹28,000 crore December 17, 2020 The Defence Acquisition Council (DAC) on Thursday approved proposals to procure equipment worth ₹28,000 crore. Out of this, procurement of domestic industry is set to be around ₹27,000 cr. The DAC met under the Chairmanship of Defence Minister Rajnath Singh. This council takes a call on capital acquisition proposals of various weapons/platforms/equipment/systems required by the Indian Army, the Indian Navy and the Indian Air Force. Thursday’s meeting was the first under the new regime of Defence Acquisition Procedure, 2020 and these are the first set of Acceptance of Necessity (AoNs) accorded with majority AoNs being accorded in the highest categorisation of Buy Indian (IDDM).

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