Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Shri Rajnath Singh, has approved capital acquisition proposals of various weapons/platforms/equipment/
systems required by the Indian Army, Indian Navy and Indian Air Force, in New Delhi on February 23, 2021. Three Acceptance of Necessities (AoNs) for an overall cost of Rs 13,700 crore were accorded. All these AoNs are in the highest priority category of Defence Acquisition viz ‘Buy [Indian-IDDM (Indigenously Designed, Developed and Manufactured)].
All these acquisition proposals will be indigenously designed, developed and manufactured. These will include inter-alia platforms and systems designed and developed by Defence Research and Development Organisation (DRDO).
To meet the Atmanirbhar Bharat goals of the Government on time-bound defence procurement process and faster decision making and to systematically work towards reducing the time taken for capital acquisition, the DAC also approved that all capital acquisition contracts (delegated and non-delegated) other than D&D cases shall be concluded in two years. The Ministry, in consultation with the Services and all stakeholders, will come up with detailed plan of action for achieving the same.
You may also like
-
Cochin Shipyard Lays Keel for Indian Navy’s First Next Generation Missile Vessel
-
Philippines Tests Hermes UAV–BrahMos Sensor-to-Shooter Kill Chain in Maritime Strike Exercise
-
HAL Clears Technical Hurdles in F414 Local Production Talks, Targets 10 Tejas Mk1A Deliveries by March 2027
-
BEL Secures Major Export Order From Elbit Systems for Aircraft DIRCM Sub-Assemblies
-
DRDO Reveals New Details of Indigenous Hard-Kill Active Protection System for Tanks
