Govt approves capital procurement proposals worth ₹4,276 crore
1 year, 11 months ago

Govt approves capital procurement proposals worth ₹4,276 crore

Live Mint  

The Union defence ministry on Tuesday approved capital procurement proposals, including that of Helina anti-tank guided missiles, worth ₹4,276 crore. In a press release, the Ministry of Defence said, “A meeting of Defence Acquisition Council, held on January 10, 2023 under the chairmanship of Raksha Mantri Shri Rajnath Singh, accorded Acceptance of Necessity for three capital acquisition proposals, amounting to ₹4,276 crore.” There were three proposals – two for the Army and third was for the Indian Navy. The defence ministry said the DAC accorded Acceptance of Necessity for three capital acquisition proposals, amounting to ₹4,276 crore. "Further, the DAC granted approval for procurement of Brahmos Launcher and Fire Control System for the Shivalik class of ships and next generation missile vessels for the Indian Navy," it said, adding, “With their induction, these ships would have enhanced capability of carrying out maritime strike operations, interdicting and destroying enemy's warships and merchant vessels.”

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History of this topic

Paras Defence, HAL to Bharat Dynamics: Defence stocks rally as DAC okays acquisition worth ₹21,772 crore
2 weeks, 6 days ago

Paras Defence, HAL to Bharat Dynamics: Defence stocks rally as DAC okays acquisition worth ₹21,772 crore

Live Mint  

Defence stocks including Garden Reach Shipbuilders, Hindustan Aeronautics, Paras Defence, Cochin Shipyard, among others rallied up to 6% on Wednesday, after the government approved five capital acquisition proposals worth ₹21,772 crore to improve the country’s defence preparedness. Garden Reach Shipbuilders & Engineers share price led the rally with gains of 6.2%, Paras Defence and Space Technologies shares surged as much …

Defence Acquisition Council approves ₹21,772 crore capital projects to improve defence preparedness
3 weeks ago

Defence Acquisition Council approves ₹21,772 crore capital projects to improve defence preparedness

New Indian Express  

NEW DELHI: In a significant move to enhance defence preparedness, the Defence Acquisition Council, chaired by Defence Minister Rajnath Singh, has approved five major capital acquisition projects worth over ₹21,772 crore. The Ministry of Defence announced the decision on Tuesday, highlighting the procurement's importance for the Indian Navy, Indian Air Force, Indian Army, and the Coast Guard. For the Indian …

Centre clears 5 acquisition deals to improve India's defence preparedness
3 weeks ago

Centre clears 5 acquisition deals to improve India's defence preparedness

India Today  

In a significant push to improve India's defence preparedness, the Central government on Tuesday approved five military acquisition proposals worth Rs 21,772 crores. The Defence Acquisition Council headed by Defence Minister Rajnath Singh approved the procurement of 31 new water jet fast attack crafts for the Indian Navy. The DAC also gave its assent for the purchase of an Electronic …

Defence ministry approves Rs 1.44 lakh crore for indigenous tanks, radars, planes
3 months, 3 weeks ago

Defence ministry approves Rs 1.44 lakh crore for indigenous tanks, radars, planes

India Today  

The Defence Acquisition Council, chaired by Defence Minister Rajnath Singh on September 3, granted Acceptance of Necessity for 10 capital acquisition proposals worth Rs 1,44,716 crore. The council also approved the procurement of Air Defence Fire Control Radars, which will be instrumental in detecting and tracking aerial targets and providing firing solutions. These vehicles, designed and developed by Armoured Vehicles …

Defence Ministry clears procurement of military hardware worth Rs 84,560 crore
10 months, 1 week ago

Defence Ministry clears procurement of military hardware worth Rs 84,560 crore

India TV News  

The defence ministry today cleared the procurement of military hardware worth Rs 84,560 crore including multi-mission maritime aircraft to boost the overall combat capabilities of the armed forces. The proposals cleared by the DAC include new generation anti-tank mines, air defence tactical control radar, heavy weight torpedoes, medium range maritime reconnaissance and multi-mission maritime aircraft, flight refueller aircraft and software …

India to Procure 12 Sukhoi Su-30 MKIs; Defence Ministry Approves 9 Acquisition Proposals Worth Rs 45,000 Cr
1 year, 3 months ago

India to Procure 12 Sukhoi Su-30 MKIs; Defence Ministry Approves 9 Acquisition Proposals Worth Rs 45,000 Cr

News 18  

The Ministry of Defence on Friday approved the proposal for the procurement of 12 Sukhoi Su-30 MKIs for the Indian Air Force which would be manufactured in India by Hindustan Aeronautics Limited. According to Defence officials these Su-30 MKI would include more than 60 per cent indigenous content as per need and would be the most modern Sukhoi aircraft of …

DAC clears procurement of 12 SU-30 jets among proposals worth ₹45,000 crore
1 year, 3 months ago

DAC clears procurement of 12 SU-30 jets among proposals worth ₹45,000 crore

The Hindu  

Clearing a long pending deal, the Defence Acquisition Council which met on Friday approved procurement of 12 SU-30MKI jets for the Indian Air Force. Other proposals For the Army, to enhance protection, mobility, attack capability and increased survivability of mechanised forces, DAC accorded AoN for procurement of Light Armoured Multipurpose Vehicles and Integrated Surveillance and Targeting System as well High …

Defence Acquisition Council approves 9 proposals worth Rs 45,000 crore for procurement from Indian vendors
1 year, 3 months ago

Defence Acquisition Council approves 9 proposals worth Rs 45,000 crore for procurement from Indian vendors

Op India  

Defence Acquisition Council has accorded Acceptance of Necessity for nine capital acquisition proposals of approx. The DAC also approved the procurement of Next Generation Survey Vessels for the Indian Navy which will greatly enhance its capabilities in performing Hydrographic Operations. The DAC also accorded AoN for proposals of the Indian Air Force which included the Avionic upgradation of Dornier Aircraft …

Aatmanirbhar Bharat: DAC approves nine capital acquisition proposals for armed forces worth Rs 45,000 Cr
1 year, 3 months ago

Aatmanirbhar Bharat: DAC approves nine capital acquisition proposals for armed forces worth Rs 45,000 Cr

Firstpost  

Proposals for avionic upgradation of Dornier Aircraft; procurement of Dhruvastra short range air-to-surface missile and 12 Su-30 MKI aircraft also cleared by Defence Acquisition Council. With an aim to enhance the protection, mobility, attack capability and increased survivability of mechanised forces, the Defence Acquisition Council has accorded ‘Acceptance of Necessity’ for nine capital acquisition proposals of approximately Rs 45,000 crore. …

India to buy 12 Sukhoi Su-30MKIs for Indian Air Force at Rs 11,000 crore
1 year, 3 months ago

India to buy 12 Sukhoi Su-30MKIs for Indian Air Force at Rs 11,000 crore

India TV News  

The Defence Ministry on Friday approved the proposal for the procurement of 12 Su-30MKIs for the Indian Air Force which would be manufactured in India by Hindustan Aeronautics Limited. All these procurements will be made from Indian vendors under Buy /Buy category which will give substantial boost to the Indian defence Industry towards achieving the goal of ‘Aatmanirbhar Bharat’, the …

Defence Acquisition Council approves proposals worth ₹7,800 crore
1 year, 4 months ago

Defence Acquisition Council approves proposals worth ₹7,800 crore

Live Mint  

New Delhi: Defence minister Rajnath Singh-led Defence Acquisition Council has given its nod to proposals worth ₹7,800 crore to enhance the operational capabilities of the Indian Armed Forces, the ministry said in a statement on Thursday. “To enhance the efficiency of the Indian Air Force, the DAC has granted AoN for procurement and installation of Electronic Warfare Suite on Mi-17 …

Army executes contracts worth ₹7600 crore under emergency procurements
1 year, 4 months ago

Army executes contracts worth ₹7600 crore under emergency procurements

The Hindu  

The armed forces are currently executing the fourth tranche of Emergency Procurements and the Army has so far signed 49 contracts worth ₹7600 crore and another 34 contracts of a similar amount are lined up and expected to be concluded by end-September, according to defence sources. “The 49 contracts cater for capabilities ranging from mobility solutions to communication systems, energy …

Rafale deal: What is Defence Acquisition Council? Know about India's weapons procurement policy
1 year, 5 months ago

Rafale deal: What is Defence Acquisition Council? Know about India's weapons procurement policy

India TV News  

Rafale deal: In a significant move which will boost India's defence amid multi-layered challenges to the nation's security in the wake of a rapidly changing geopolitical equation, the Defence Acquisition Council on Thursday approved plans to buy 26 Rafale fighter aircraft and three Scorpene class conventional submarines for the Indian Navy from France. The Defence Acquisition Council was given the …

DAC clears proposals worth ₹70,500 crore including several design and development cases
1 year, 9 months ago

DAC clears proposals worth ₹70,500 crore including several design and development cases

The Hindu  

The Defence Acquisition Council chaired by Defence Minister Rajnath Singh on Thursday accorded Acceptance of Necessity for capital acquisition proposals worth ₹70,500 crore. “Out of the total proposals, Indian Navy proposals constitute more than ₹56,000 crore, which largely includes indigenous BrahMos cruise missiles, Shakti Electronic Warfare systems, Utility Helicopters-Maritime among others,” it said in a statement. Other proposals include a …

In major push for Make in India, Defence Ministry approves Rs 4,276 cr-worth purchase of anti-tank, air defence missiles
1 year, 11 months ago

In major push for Make in India, Defence Ministry approves Rs 4,276 cr-worth purchase of anti-tank, air defence missiles

Firstpost  

New Delhi: The defence ministry on Tuesday approved three procurement proposals, including that of Helina anti-tank guided missiles, at a total cost of Rs 4,276 crore to bolster the combat capabilities of the armed forces along the Line of Actual Control with China. The DAC, which is the defence ministry’s highest decision-making body on acquisition, also gave a go-ahead for …

Defence Acquisition Council gives nod to purchase indigenous defence systems
1 year, 11 months ago

Defence Acquisition Council gives nod to purchase indigenous defence systems

The Hindu  

The Defence Acquisition Council headed by Defence Minister Rajnath Singh on Tuesday accorded Acceptance of Necessity for three capital acquisition proposals amounting to ₹4,276 crore. These include Helicopter launched Nag Anti-Tank Guided Missiles, Very Short Range Air Defence Systems and BrahMos cruise missile launcher and Fire Control System for naval ships. The HELINA and Dhruvastra being developed by the Defence …

Purchase of missiles, air defence weapons worth ₹4,276 cr cleared
1 year, 11 months ago

Purchase of missiles, air defence weapons worth ₹4,276 cr cleared

Hindustan Times  

India on Tuesday set the ball rolling for buying indigenous helicopter-launched anti-tank guided missiles, air defence weapons and equipping more of its warships with BrahMos supersonic cruise missiles, with the defence acquisition council - in its first meeting in the new year - clearing army and navy proposals worth ₹4,276 crore, officials familiar the development said. DAC, which is India’s …

Govt approves purchase of anti-tank missiles, air defence weapons worth Rs 4,276 cr
1 year, 11 months ago

Govt approves purchase of anti-tank missiles, air defence weapons worth Rs 4,276 cr

India Today  

The defence ministry on Tuesday approved three procurement proposals, including that of Helina anti-tank guided missiles, at a total cost of Rs 4,276 crore. The Defence Acquisition Council chaired by Raksha Mantri Shri @rajnathsingh approves Acceptance of Necessity for three capital acquisition proposals, worth Rs 4,276 crore. https://t.co/TLREEyK78z — àä°àä•àåàä·àä¾ àä®àä‚àääàåàä°àå€ àä•àä¾àä°àåàäïàä¾àä²àäï/ RMO India January 10, 2023 "The DAC accorded …

Defence Ministry clears arms procurement worth Rs 28,732cr for Army
2 years, 4 months ago

Defence Ministry clears arms procurement worth Rs 28,732cr for Army

India TV News  

Highlights The procurement proposals were cleared by the Defence Acquisition Council Decision is set to provide a major impetus to the small arms manufacturing industry Drones are being acquired as the technology has proved to be a force multiplier The defence ministry on Tuesday approved the procurement of military equipment and weapons worth Rs 28,000 crore, including swarm drones and …

Rajnath approves swarm drones buy
2 years, 4 months ago

Rajnath approves swarm drones buy

Deccan Chronicle  

New Delhi: The defence acquisition council headed by defence minister Rajnath Singh on Tuesday gave initial approval for arms procurement proposals worth Rs 28,732 crore including autonomous surveillance and armed swarm drones for the Army. For enhanced protection against enemy snipers along the Line of Control, and in close combat counter-terrorism operations, DAC gave initial approval to buy bulletproof jackets …

Defence Ministry approves acquisition of arms, military equipment worth Rs 7,965 crore
3 years, 1 month ago

Defence Ministry approves acquisition of arms, military equipment worth Rs 7,965 crore

India TV News  

The Defence Ministry on Tuesday approved the procurement of arms and military equipment worth Rs 7,965-crore, including 12 light utility helicopters from Hindustan Aeronautics Limited, according to an official statement. Besides clearing the proposal to buy 12 helicopters, the DAC approved the procurement of Lynx U2 naval gunfire control system from Bharat Electronics Limited that will enhance the tracking and …

Defence Ministry clears deal for 6 submarines
3 years, 6 months ago

Defence Ministry clears deal for 6 submarines

The Hindu  

The Defence Acquisition Council, headed by Defence Minister Rajnath Singh, on Friday approved the issuance of a Request For Proposal for the construction of six conventional submarines under Project-75I at an estimated cost of ₹43,000 crore. This would be one of the largest ‘Make in India’ projects and it will create a tiered industrial ecosystem for submarine construction in India,” …

Defence Ministry approves acquisition of weapon systems worth ₹28,000 cr
4 years ago

Defence Ministry approves acquisition of weapon systems worth ₹28,000 cr

Live Mint  

The Defence Acquisition Council, headed by the Defence Minister, Rajnath Singh, today approved proposals for acquisition of weapons worth ₹28,000 crore required by the Indian Army, the Indian Navy and the Indian Air Force. The proposals that have been approved today include Airborne Early Warning & Control Systems for the Indian Air Force designed and developed by the Defence Research …

Defence Ministry gives clearance for purchase of Indian-made military equipment worth Rs 27,000 crore
4 years ago

Defence Ministry gives clearance for purchase of Indian-made military equipment worth Rs 27,000 crore

India Today  

Indigenously designed air surveillance platforms, patrol vessels for the Navy and modular bridges for the Army are among the approvals for procuring defence equipment from domestic manufacturers worth Rs. In a big boost to 'Make in India,' the Defence Acquisition Council headed by Defence Minister Rajnath Singh has given the go-ahead to the procurement of equipment worth Rs 28,000 which …

Defence Ministry approves acquisition of arms, military equipment worth Rs 2,290 crore
4 years, 2 months ago

Defence Ministry approves acquisition of arms, military equipment worth Rs 2,290 crore

India Today  

The Defence Ministry on Monday approved the procurement of arms and military equipment worth Rs 2,290 crore for troops guarding the borders with China and Pakistan. The Defence Acquisition Council held a meeting on Monday under the Chairmanship of Defence Minister Rajnath Singh and approved the proposals for capital acquisitions of various equipment required by the Indian armed forces at …

Government nod for ₹300 crore emergency defence procurement
4 years, 5 months ago

Government nod for ₹300 crore emergency defence procurement

The Hindu  

The Defence Ministry on Wednesday once again gave emergency powers to the armed forces to procure weapons systems upto ₹300 crore on an urgent basis, without any further clearances, to cut short the procurement cycle, the Defence Ministry said. Army invokes emergency powers for missile deal The decision was taken at a special meeting of the Defence Acquisition Council, chaired …

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