Defence Ministry clears acquisition proposals worth Rs 28,000 crore

Defence Acquisition Council (DAC) has cleared proposals worth Rs 28,000 crore, of which acquisitions worth Rs 27,000 crore would be sourced from Indian industries. This came after Defence Miniter Rajnath Singh held a meeting of the DAC.

New Delhi: The Ministry of Defence said on Thursday said that its Defence Acquisition Council (DAC) cleared proposals worth Rs 28,000 crore, of which acquisitions worth Rs 27,000 crore would be sourced from Indian industries.

In a series of tweets, the ministry said that Defence Minister Rajnath Singh chaired the meeting of the DAC, in which five more cases valued at Rs 25,000 crore were approved under the indigenous design development and manufacture category.

"Five cases valued at Rs 25000 Crore are approved under indigenous design development and manufacture category. Particularly note worthy are the Defence Research and Development Organisation designed and developed Airborne Early Warning and Control Systems (AEW&CS) for the Air Force and modular bridges for the Army," the ministry tweeted.

ANI Report