New Delhi, Dec. 29 -- In a major boost to India's defence preparedness and indigenous military capabilities, the Defence Acquisition Council (DAC), on Monday cleared capital acquisition proposals worth about Rs 79,000 crore.
The approvals, include key procurements for the Indian Army such as loiter munition systems for artillery regiments, low-level lightweight radars, long-range guided rockets for the Pinaka multi-launch rocket system, and the Integrated Drone Detection and Interdiction System Mk-II.
The decision was taken during a DAC meeting chaired by Defence Minister Rajnath Singh on Monday. In a statement issued here the Ministry of Defence stated that the loiter munition will be used for precision strike of tactical targets, wherea...