DAC meet 13May 2015, clears defence project

The DAC on 13 May cleared the following proposals;-

  • Acquisition of 145 M777 ULH from the US under FMS. Worth Rs 2,900 crore
  • Avro replacement proposal TATA-Airbus for Rs 11,930 crore
  • Kamov Ka-226T Twin Engine helicopters under 'Make in India' initiative. some could be bought off the shelf, worth Rs 3,000 crore
  • Convert two Boeing 777-300 ER of Air India for VVIP travel,
  • Six BrahMos cruie missiles for IN worth Rs 2,700 crore
  • ALG communication terminal for the IAF at a cost of 149 crore.

The DAC also set up a committee to work out the modalities, for the purchase of 36 Rafale fighter jets from France. The contract expected to be signed in June2015.

Source: http://timesofindia.indiatimes.com/india/Defence-ministry-clears-projects-worth-Rs-25000-crore/articleshow/47272496.cms

Comments are closed.