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DAC Clears Proposal Worth Rs 15,935 Crore

The Defence Acquisition Council (DAC) has accorded approval to Capital Acquisition Proposals of the Services valued at aroundRs 15,935 crore. These includes:-

  • Light Machine Guns for the three Services, under Fast Track Procedure at an estimated cost of over Rs 1,819 crore.
  • 7.4 lakh Assault Rifles for the three Services, at an estimated cost of Rs 12,280 crore. These Rifles will be ‘Made in India’ under the categorisation of 'Buy and Make (Indian)', through both Ordnance Factory Board and Private Industry.
  • 5,719 Sniper Rifles for the Indian Army and Indian Air Force at an estimated cost of Rs 982 crore.
  • Advanced Torpedo Decoy Systems (ATDS) 'Mareech' for the Indian Navy. The indigenously developed system by DRDO will be produced by Bharat Electronics Limited, at an estimated cost of Rs 850 crore.

http://www.pib.nic.in/Pressreleaseshare.aspx?PRID=1520473

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