|DAC headed by RM Arun Jaitley approved
procurement of Barak Missiles
New Delhi, 03 April 2017
Defence Acquisition Council headed by Raksha Mantri Arun Jaitley took stock of the various projects today here at South Block. He directed for the close monitoring and expediting clearance of pending capital acquisitions cases, particularly those at the CFA and CNC stages.
The DAC approved Capital Acquisition proposals totalling over Rs 860 Cr. Procurement of Expendable Bathy Thermograph Systems for the Indian Navy with a categorisation of Buy Global under the FMS Route from USA was given go ahead by the DAC.
Procurement of equipment to counter mines in the sea. The equipment is being procured as a repeat order with buy global categorisation at a cost of approx. Rs 311 Cr.
Procurement of Barak missiles for the Naval Warships with a categorisation of Buy Global under the Option Clause from M/s Rafael Advance Defence Systems Limited.
In addition to the above grant of AoNs, the DAC also reviewed several old proposals and gave instructions for the speedy processing of proposals.
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