Saturday, Nov 27 2021 | Time 13:15 Hrs(IST)
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India


Defence Minsitry clears acquisition proposals worth over Rs 13,000 crore

Defence Minsitry clears acquisition proposals worth over Rs 13,000 crore

New Delhi, Sep 29 (UNI) The Defence Ministry on Wednesday cleared the procurement of 25 Mark III Advanced Light Helicopters for the Indian Army at a meeting of the Defence Acquisition Council (DAC) where Acceptance of Necessity (AoN) for Capital Acquisitions proposals for the armed forces worth Rs 13,165 crore was cleared.
The meeting was chaired by Defence Minister Rajnath Singh. The ministry said the AoNs cleared were for modernization and operational needs of the Indian Armed Forces and 87 per cent of the procurement will be from domestic sources.
Key approvals include helicopters, guided munition and rocket ammunition.

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