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DAC Approves Capital Acquisition Proposals Of Over Rs3,687 Crore

The Defence Acquisition Council (DAC) approved the capital acquisition proposals of over 3,687 crore rupees. The decision was taken in the meeting council, chaired by Defence Minister Nirmala Sitharaman in New Delhi.In a boost to indigenisation and in the realisation of India’s growing technological prowess, the DAC approved procurement of DRDO’s designed and developed NAG Missile System at the cost of 524 crore rupees. The system includes a third generation Anti-Tank Guided Missile- NAG, along with the Missile Carrier Vehicle. The DAC also approved procurement of thirteen 127 mm calibre guns for the Navy.