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DAC ACQUISITION
GRSE, Cochin Shipyard, BDL, other defence stocks tumble up to 6%. Time to buy?Indian defence stocks experienced a significant drop of up to 6% on Thursday, with the Nifty India Defence index falling around 3%. This de...
Defence stocks to fire up? Brokerages bullish after DAC clears Rs 2.38 lakh cr proposals; check top picksBrokerages are bullish on Indian defense stocks following the Defense Acquisition Council's approval of proposals worth Rs 2.38 lakh crore,...
Defence capability bristling as Rs 2.4 lakh crore fresh deals get nodThe Defence Ministry has greenlit significant procurement deals exceeding ₹2.38 lakh crore, including unmanned strike aircraft and S-400 ai...
DAC clears proposals worth Rs 2.38 lakh crore, including S-400 missile systems, Su-30 Aero engine overhaulThe Defence Acquisition Council, led by Rajnath Singh, cleared proposals worth Rs 2.38 lakh crore, covering missile systems, aircraft, and ...
Drones, howitzers and missiles: Big defence decisions expected todayThe Defence Acquisition Council is set to approve significant defence deals. These include acquiring 60 medium transport aircraft and five ...
Govt approves procurement of navigation system for armoured fighting vehicles, interceptor boatsThe Defence Ministry approved procurement of a navigation system for the Indian Army's armoured fighting vehicles and 22 interceptor boats ...
DAC gives nod to nine proposals worth Rs 45,000 cr in a big boost to Aatmanirbharta in defenceThe DAC also accorded AoN for proposals of the Indian Air Force which included Avionic upgradation of Dornier Aircraft to improve the accur...
Army purchase worth Rs 8.4k crore gets DAC nodThe Rajnath Singh-led Defence Acquisitions Council (DAC) accorded acceptance of necessity (AoN) to all proposals under the ‘Buy (Indian IDD...
Defence Ministry approves procurement of military hardware worth Rs 13,165 croreThe cost of acquiring the helicopters has been estimated at Rs 3,850 crore, while a batch of rocket ammunition will be procured for Rs 4,96...
DAC approves procurement of 106 Basic Trainer Aircraft, clears proposals of over Rs 8,722 croreTo improve the firepower of Indian Navy, the DAC approved procurement of an upgraded version of Super Rapid Gun Mount (SRGM), which is fitt...
Defence Ministry approves military procurement worth Rs 3000 croreThe go-ahead for both acquisitions was given by the Defence Acquisition Council (DAC), the ministry's highest decision-making body on procu...
Government accepts proposal to acquire specialized guns for Rs 7,000 croreThe DAC cleared the Navy's proposal to buy weapons & sensor systems for the P17A project wherein seven Shivalik-Class stealth frigates are ...
Government clears purchase of five S-400 air defence systems worth Rs 40,000 crore: SourcesIndia's Defence Acquisition Council has cleared the purchase of 5 S-400 air defence systems from Russia, two defence ministry sources said ...
DAC approves proposals worth Rs 860 crore; Barak missiles for naval warshipsProcurement of Barak Missiles for naval warships. This comes with a categorisation of ‘Buy Global’ under the Option Clause from Rafael Adva...
Defence Acquisition Council approves acquisitions worth over Rs 15,000 croreThe Defence Acquisition Council (DAC) today approved capital acquisition proposals of the defence services, valued at Rs 15,935 crore.
Manohar Parrikar to hold meeting of defence top brassParrikar, who took over the reigns last week, had held the first round of meeting in which he had directed the Army, the Navy and the Air F...
Crucial Defence Acquisition Council meeting on SaturdayDAC is headed by the Defence Minister and includes the Defence Secretary, the Chiefs of all three services, DRDO Chief and other officials.