DAC approves capital acquisitions for Rs 2,290 crore

The Defence Acquisition Council meeting, held under Chairmanship of Defence Minister Rajnath approved proposals for Capital acquisitions of various equipment required by the Indian Armed Forces at an approximate cost of Rs 2,290 crore. These included Static HF Tans-receiver sets and Smart Anti Airfield Weapon (SAAW). For the Army, the DAC accorded approval for procurement of SIG SAUER Assault Rifles at a cost of approx. Rs.780 crore.