DAC approves 10 capital acquisition proposals worth Rs 1.45 lakh crore

DAC approves 10 capital acquisition proposals worth Rs 1.45 lakh crore

The Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Shri Rajnath Singh on September 03, 2024, accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs 1,44,716 crore.

Of the total cost of AoNs, 99% is from Indigenous sources under the Buy (Indian) and Buy (Indian-Indigenously Designed Developed and Manufactured) categories.

For the modernisation of the tank fleet of the Indian Army, the proposal for procurement of Future Ready Combat Vehicles (FRCVs) has been cleared.

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The FRCV will be a futuristic Main Battle Tank with superior mobility, all-terrain ability, multilayered protections, precision & lethal fires over, and real-time situational awareness.

The AoN was also accorded for procurement of Air Defence Fire Control Radars, which will detect & track aerial targets and provide firing solutions.

The proposal has also been approved for the Forward Repair Team (Tracked) which has suitable cross-country mobility for carrying out in-situ repair during mechanized operations. This equipment is designed & developed by Armoured Vehicles Nigam Limited and is authorized for both mechanized Infantry Battalions and Armoured Regiments.

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Three AoNs have been accorded to enhance the capabilities of the Indian Coast Guard (ICG).

The procurement of Dornier-228 aircraft, Next Generation Fast Patrol Vessels having high operational features in rough weather conditions, and Next Generation Offshore Patrol Vessels with advanced technology and enhanced long-range operations, will enhance the capability of ICG to carry out surveillance, patrolling of the maritime zone, search & rescue and disaster relief operations.

 Towards the end of the meeting, the Raksha Mantri took a moment to honor the late Indian Coast Guard (ICG) DG Rakesh Pal, who was also a member of DAC. The DG passed away due to a heart attack in Chennai on August 18, 2024.

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