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DAC meeting 23 Feb 2016

In the latest Defence Acquisition Council (DAC) meeting, defence ministry on 23 Feb 16 has asked defence services to review their capital acquisition proposals and budgetary requirement for the next 10 years and also to project their requirements as per relevance. DAC has approved:

  • The issue of Letter of Intent for Mine Countermeasure Vessels for the navy to Goa Shipyard Ltd.
  • Placed a follow-up order for 109 6X6 Heavy Mobility Vehicles for the army for Rs 457 crore.

Source:http://indianexpress.com/article/business/business-others/defence-services-to-review-acquisition-plans-budget-needs-for-next-10-years/

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