Search For "capital acquisition"
Govt to complete defence acquisitions within 2 years, promote private part
Updated : 5 years, 2 months ago IST
New Delhi [India], February 22 (ANI): Defence Minister Rajnath Singh on Monday said that the Centre will make efforts to complete the pending defence acquisitions within two years and to promote private participation in the defence sector.
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Rs 90,048 crores allocated for defence modernisation in 2020-21
Updated : 5 years, 8 months ago IST
New Delhi [India], September 15 (ANI): An amount of Rs 90,048 crores has been allocated for capital acquisition (modernisation) of the armed forces under Defence Service Estimates in 2020-21.
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DAC approves procurement of 106 Basic Trainer Aircraft for IAF, clears pro
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 11 (ANI): The Defence Acquisition Council (DAC) on Tuesday approved proposals of about Rs 8,772.38 crore for capital acquisition of various equipment and platforms, including 106 Basic Trainer Aircraft from Hindustan Aeronautics Ltd (HAL) for IAF.
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DAC delegates powers for progressing urgent capital acquisition cases up t
Updated : 5 years, 10 months ago IST
New Delhi [India], July 16 (ANI): A special meeting of the Defence Acquisition Council (DAC) was convened on Wednesday under the chairmanship of Defence Minister Rajnath Singh, in which the Council delegated powers for progressing urgent capital acquisition cases up to Rs 300 crore to Armed
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Defence Ministry extends delivery period for Indian vendors by 4 months
Updated : 5 years, 11 months ago IST
New Delhi [India], June 12 (ANI): The Ministry of Defence has extended the delivery period for all existing capital acquisition contracts with the Indian vendors by four months due to supply chain disruptions arising out of COVID-19 preventive measures.
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Defence Ministry signs Rs 880 cr contract for Light Machine Guns with Isra
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 19 (ANI): The Ministry of Defence on Thursday signed the capital acquisition contract with Israel Weapons Industries for procurement of 16,479 Light Machine Guns (LMGs) at a cost of Rs 880 crore with the approval of Defence Minister Rajnath Singh.
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Parl Panel flags shortage of Rs 60K crore for defence modernisation
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 13 (ANI): The Parliamentary standing committee on Defence on Friday flagged the shortage in allocation of the defence budget for modernisation saying it would affect the acquisition of the latest weaponry for the Armed Forces.
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CAG report on Rafale deal tabled in Rajya Sabha
Updated : 7 years, 3 months ago IST
New Delhi [India], Feb 13 (ANI): The report of the Comptroller and Auditor General of India (CAG) on capital acquisitions in the Indian Air Force, which includes details of the Rafale fighter jet deal, was tabled in Rajya Sabha on Wednesday.
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Centre approves purchase of Rs 9435 crore worth weapons
Updated : 8 years, 2 months ago IST
New Delhi [India] February 28 (ANI): The Defence Ministry on Wednesday approved the capital acquisition proposals of the Services and the Coast Guard worth around Rs 9435 crore.
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Capital acquisition proposals worth Rs 1,850 cr approved
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb. 20 (ANI): The Defence Acquisition Council (DAC) on Tuesday approved capital acquisition proposals worth Rs 1,850 crore, which primarily include procurement of Infantry Combat Vehicles (ICV) pegged at Rs 1,125 crore.
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DAC clears proposal worth 15,935 crore
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb. 13 (ANI): Defence Acquisition Council (DAC), chaired by Defence Minister Nirmala Sitharaman, on Tuesday accorded approval to Capital Acquisition Proposals of the Services valued at approximately Rs 15,935 crore.
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Jaitley chairs his first DAC meeting, defence acquisition push moves ahead
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr. 3 (ANI): Defence Minister Arun Jaitley on Monday chaired a Defence Acquisition Council (DAC) meeting and took stock of the various proposals directed towards close monitoring and expeditious clearance of pending capital acquisitions cases, particularly those at the CF
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