What's new

India's Defence Ministry approves military procurement deals worth $3.5 bil

Darth Vader

SENIOR MEMBER
Joined
Jun 19, 2011
Messages
4,447
Reaction score
3
Country
Norway
Location
United Kingdom
ist2_4606227_flag_of_india1.jpg


Rahul Bedi | IHS Jane's Defence & Security Intelligence & Analysis

India's Defence Acquisition Council (DAC) on 22 June approved over INR200 billion (USD3.5 billion) worth of procurements and projects to plug long-pending operational voids for all three services.

Final clearances will be granted over the next few months by the Cabinet Committee on Security. Ministry of Defence (MoD) officials said the DAC also decided to discontinue the process of "nominating" Defence Public Sector Units (DPSUs) as exclusive providers of materiel and to make the procurement process more competitive.

Among the deals cleared by the DAC was the INR120 billion procurement of quick reaction surface-to-air missiles (QRSAMs) to equip eight army air defence regiments.
 
. .

Pakistan Affairs Latest Posts

Back
Top Bottom