DAC approves proposals worth Rs 13,700 crore | Technology Development Fund (TDF)

February 23, 2021

DAC approves proposals worth Rs 13,700 crore

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Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Shri Rajnath Singh, has approved capital acquisition proposals of various weapons/platforms/equipment/systems required by the Indian Army, Indian Navy and Indian Air Force, in New Delhi on February 23, 2021. Three Acceptance of Necessities (AoNs) for an overall cost of Rs 13,700 crore were accorded. All these AoNs are in the highest priority category of Defence Acquisition viz 'Buy [Indian-IDDM (Indigenously Designed, Developed and Manufactured)].

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