26-Oct-2026 16:40:10
DEFENCE SECTOR: DAC APPROVES ₹2.12 LAKH CR DEFENCE ACQUISITION PROPOSALS; 82% PROCUREMENT FROM INDIAN INDUSTRY
• Major Approval: Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, approved capital acquisition proposals worth approximately ₹2.12 lakh Cr • Make in India: Approximately 82% of approved procurement value earmarked for Indian industry • Indian Army: Approved High Mobility Vehicles, Self-Propelled Tracked Gun Systems and Gun Shot Response Systems • Helicopters: Approved Light Multi Role Helicopters (LMRH) for Army and Air Force operations • Air Defence: Approved Very Short-Range Air Defence Systems (VSHORADS) and Counter-Unmanned Aerial Systems (C-UAS) • Drone Systems: Approved surveillance UAVs, integrated surveillance and strike systems, and long-range kamikaze drones • Indian Navy: Approved Active Offboard Decoy Systems and major indigenous naval platforms • Indian Air Force: Approved helicopters, air defence systems, weapons and Mobile X-Band Doppler Weather Radar Systems • Defence Manufacturing: Large procurement pipeline creates potential opportunities across defence electronics, artillery, helicopters, drones, naval systems and military vehicles
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