DAC approves acquisition proposals worth Rs 13,700 cr for armed forces

Defence Acquisition Council has also approved that all capital acquisition contracts shall be concluded within two years

Defence Acquisition Council (DAC) on Tuesday approved the capital acquisition proposals worth Rs 13,000 crore, the government said in a release.

The acquisitions include various weapons, platforms and equipment systems for the armed forces.

"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," the release noted.

All these acquisition proposals will be indigenously designed, developed and manufactured. These will include inter-alia platforms and systems designed and developed by Defence Research and Development Organisation (DRDO). 

The DAC, under the chairmanship of Defence Minister Rajnath