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DAC meet – 14 July 2015

The DAC on 14 July cleared deals worth about Rs. 30,000 crore (Approx $ 5 Bn) for new platforms and upgrades mostly for the Army and the Navy.

• Additional P-8I maritime patrol and surveillance aircraft for the Navy, in addition to earlier contracted eight aircraft from Boeing by exercising the option clause for four P-8Is worth Rs. 4,380 crore.( Approx $0.7 Bn)
• AON for four Survey ships worth Rs. 2,324 crores.
• The RFP issued in 2013 was cancelled in 2014 as none of the Israeli, British, French, Russian and Polish firms responded. Now, DAC has “revalidated“the “acceptance of validity“for the AD Guns for Rs 16,900 crore proposal to acquire an initial 428 air defence guns under a “Buy & Make India“ project. The RFP will be issued to Indian firms in both public and private sectors - Larsen & Toubro, Bharat Electronics, Tata Power SED, Punj Lloyd, Ordnance Factory Board and Bharat Forge. The Indian firms will be permitted to tie-up with foreign majors.
• Weapon and sensor upgrades for Six ships of Delhi and Talwar class worth Rs. 2,900 crore for midlife upgrades.
• Replacement of radars on Kora class ships, Gigabit Ethernet, Ships Data Network (GbeSDN) on Delhi class ships for high speed data connectivity, 23 Combat Management Systems,
• BrahMos training facility at INS Valsura in Gujarat
• Air Combat Maneuvering systems for Mig-29 fighters and Advanced Jet Trainers.
• Other deals include 3.5 lakh bi-modular charges for 155mm artillery guns which is a follow on order for Rs. 580 crore
• Multi-spectrum camouflage nets.
• 110 new micro-light aircraft to be procured from Spain for the National Cadet Corps.

Source: http://www.business-standard.com/article/news-ians/india-clears-defence-purchases-worth-over-rs-29-000-crore-115071401354_1.html#.VaUoPfCztKA.linkedin

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