Defence Acquisition Council (DAC) clears projects worth about Rs. 80,000 crore

[RKO]

Bt what about rafale???

 

[$@rJen]

2 midget submarines for marine commandos as well
Breaking News : 80000 Cr Defence Deals Cleared | idrw.org

Thanks, I'll Edit my post now

Bt what about rafale???

I guess that'll be a Christmas Gift for French!!

 

[MokshaVimukthi]

That is roughly around 1 Billion $ per submarine ......DAMN. Its not even a Nuclear Sub.

 

[anant_s]

This was on expected lines given the feelers army was giving for past few days.

any details on what Submarine has been selected? or any names proposed?

 

[45'22']

That is roughly around 1 Billion $ per submarine ......DAMN. Its not even a Nuclear Sub.

Stop trolling

 

[Manindra]

That is roughly around 1 Billion $ per submarine ......DAMN. Its not even a Nuclear Sub.

It would include ToT charge also.

 

[GURU DUTT]

12 dorniers for 1850 crore man thats interesting can some one tell why buy a plane for almost 154.2 corore ?

 

[Yogi]

That is roughly around 1 Billion $ per submarine ......DAMN. Its not even a Nuclear Sub.

Nope, its close to $1.4-1.5 billion per sub...

 

[Nova2]

Fcuk Yeah !! it was in the news for last 2 days , it was said to be a $11.5bill but $13+bill that's just Awesome !
Next up, Rafael Deal

 

[The_Sidewinder]

Thanks, I'll Edit my post now



I guess that'll be a Christmas Gift for French!!

I agree. MOD will unvail the deal right in time for French.

 

[$@rJen]

This was on expected lines given the feelers army was giving for past few days.

any details on what Submarine has been selected? or any names proposed?

Nothing So far.... we've to wait for another source maybe

12 dorniers for 1850 crore man thats interesting can some one tell why buy a plane for almost 154.2 corore ?

Don't know man.. but that was the report given by headlines today

Nope, its close to $1.4-1.5 billion per sub...

Add 2 midget subs with it

 

[Prometheus]

i always liked Jaitley uncle .............he is a good and hard working guy...........nicely handling two ministries even in current health issues.

I hope he is not burning himself up...........he is needed for a long run ...........maybe as PM in future too

 

[$@rJen]

Defence Ministry Clears Defence Projects of Worth Rs. 80,000 Cr
By Pradip R Sagar

Published: 25th October 2014 05:15 PM

Last Updated: 25th October 2014 05:15 PM

Email 5

• 

NEW DELHI: Defence Minister Arun Jaitley led Defence Acquistion Council on Saturday gave approval to the defence procurements of worth Rs. 80,000 crore.

Major long pending proposals have just seen the light with the defence ministry giving clear signal to the navy’s Project 75 India i.e construction of six new submarines with the cost of approximately Rs. 50,000 crore.

Navy’s depleting under water capability has been a serious cause of concern especially after accident o INS Sindhurakshak and INS Sindhuratna. Besides, submarine, defence ministry also cleared crucial anti tank guided missile system for the Indian army.

Israeli Spike has been selected over US’s Javelin to buy third-generation Spike ATGM systems including 321 missile launchers, 8,356 missiles and 15 training simulators along with transfer of technology with an estimated cost of Rs 3200 crore.

The Army would mount these ATGMS on its infantry combat vehicles. Order for production of 363 BMP-2 for army unit from Ordinance Factory Board has also been approved alongwith Rs. 1850 crore deal for procurement of 12 additional Dornier surveillance and reconnaissance aircraft for the navy. Army’s another proposal of worth Rs. 662 crore for buy Radio relay container.

“National security is of paramount concern for the government and all hurdles and bottlenecks in procurement process should be endorsed expediently,” Jaitely said while taking first major meeting with the defence ministry officials after recuperating from illness.

 

[Trawllu]

Did we select the next Gen Subs????

no subs not selected the purchase cleared

 

[MokshaVimukthi]

Nope, its close to $1.4-1.5 billion per sub...

Include 2 midget submarines and the cost goes down to what I have mentioned.