Defence acquisition worth around 16,000 cr cleared



New Delhi, Feb 13  The Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman on Tuesday approved the purchase of military hardware worth Rs 15,935 crore (almost $2.5 billion).



These include procurement of Advanced Torpedo Decoy Systems (ATDS), light machine guns, assault rifles and sniper rifles. 



"This procurement will meet the operational requirement of the troops deployed on the borders. A concurrent proposal is being processed for the balance quantity to be procured under the 'Buy and Make (Indian)' categorisation," the Defence Ministry said in a release. 



The DAC also accorded approval for procurement of 7.4 lakh assault rifles for the three services. 



These rifles will be made in India under the categorisation of 'Buy and Make', through both Ordnance Factory Board and Private Industry at an estimated cost of Rs 12,280 crore, it said.



In the last one month, to equip the soldiers on the border with modern and more effective equipment, the DAC has fast-tracked procurement of the three main personal weapons -- rifles, carbines and light machine guns.



The DAC also approved procurement of 5,719 sniper rifles for the Indian Army and Indian Air Force at an estimated cost of Rs 982 crore. 



"While these high precision weapons will be bought with 'Buy Global' categorisation, the ammunition for these will be initially procured and subsequently manufactured in India," the Ministry said.



To enhance the anti-submarine warfare capabilities of Indian Naval Ships, the DAC accorded approval for the procurement of Advanced Torpedo Decoy Systems (ATDS) for the Indian Navy. 



The 'Mareech' system has been developed indigenously by the Defence Research and Development Organisation and has successfully completed extensive trial evaluations.



The Mareech systems will be produced by Bharat Electronics Limited, Bengaluru at an estimated cost of Rs 850 crore, it said.

 

(IANS)

Don’t Miss

Mama Choksi to close Gitanjali Gems? Employees asked to leave
New DON of world cricket..Kohli set to break this Bradman record
A whooping Rs 780000000= Salman Khan's fees
Jai Hindi..India fires deadly nuke missile, China Pak in range
Priyanka's revealing hot dress goes viral...netas upset
ICC ODI rankings: BIG news for Virat Kohli fans
Moody's, Fitch may downgrade $1.8 bn fraud-hit PNB
This Virat-Anushka adorable hug is going viral, see PIC
Tiff between producers and director of Kedarnath is affecting Sara Ali Khan's career
This cricketer's son commits SUICIDE!
Babus call mass strike, Kejriwal calls a crisis meeting
5 developments: Scuffle and slur war between AAP and bureaucrats
Shocking: Priyanka Chopra is coming back to Bollywood with this movie
BIG job opportunity in UP Electricity Board, salary up to Rs 86,000
Priya Prakash Varrier wants JUSTICE!
India successfully test-fires nuclear capable Agni-II
Nirav says can't clear dues, PNB action has destroyed my brand
Mamata Banerjee snubs BJP for boasting about its new office, suggests humility
Is BJP all set to snap ties with TDP? State unit hints so
CBI will not tell you how much is spent in bringing back Mallya and Modi
Trump Jr arrives in India; Indo-Pacific ties, realty projects on agenda
Rs 20,000 cr PNB scam news is false: Govt
Vasundhra announces death penalty for RAPISTS of minors
Zabardast..Super powerful Tab in just Rs 7000
Google will pay your bills now
Jai Ho..Alert driver takes burning train to safety, saves passengers
Shocking..Man on BMW masturbates before actress,hubby files complaint
Rahul gains Modi magic wanes in Gujarat civic polls
RaGa tears into NaMo..Why is chowkidar saheb silent on mama bhanja loot
PM Modi's GIFT..a Palace Queen Humsafar Express..Know train details

Most Recent

Most Popular