New Delhi, July 3 -- The Defence Acquisition Council (DAC) on Thursday cleared 10 capital acquisition proposals worth approximately Rs 1.05 lakh crore for procurement of indigenously sourced quick reaction surface-to-air missiles, naval vessels and more.

The DAC accorded Acceptance of Necessity (AoN) for capital acquisition proposals, including the procurement of Armoured Recovery Vehicles, Electronic Warfare System, Integrated Common Inventory Management System for the Tri-Services, and Surface-to-Air Missiles, according to an official statement from the Defence Ministry.

The Council met for the first time after Operation Sindoor, which was launched on May 7 in response to the heinous Pahalgam attack in Jammu and Kashmir, which killed ...