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» » DEFENCE ACQUISITION COUNCIL CLEARS PROPOSALS WORTH RS 1,900 CR

New Delhi: The Defence Acquisition Council, chaired by Defence Minister Manohar Parrikar, on Wednesday cleared proposals worth Rs 1,900 crore (close to $3 billion), including for an electronic warfare system for low-intensity conflict in Jammu and Kashmir. The electronic warfare system is worth Rs 330 crore, an official said.

The council has also cleared a proposal to buy Rs 405 crore worth of anti-tank guided missiles for training purpose of the army.

The naval dockyard at Mumbai will get a repair facility for Scorpene submarines at the cost of Rs 725 crore. Defence shipyard Mazagon Dock is constructing six Scorpene submarines for Indian Navy.

The DAC has also approved a weapons repair facility at Port Blair at a cost of Rs 450 crore. All these approved proposals will be executed under 'Buy India' by Indian contractors.

Source>>indiandefencenews.in

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