Bharat Dynamics shares jumped over 5%, while BEML stock price rallied 4% after the Defence Acquisition Council (DAC) approved ...
To strengthen aerial surveillance, the DAC has approved the procurement of Airborne Early Warning & Control aircraft systems ...
In a move to enhance the capability of the armed forces, the Defence Acquisition Council (DAC) on Thursday approved ...
According to an estimate, it takes a minimum of 2-3 years for a proposal approved by the DAC to fructify into a contract ...
DAC accorded acceptances of necessity (AoNs) or initial approvals to eight capital acquisition proposals amounting to more ...
India is set to enhance its defence capabilities with capital acquisitions worth over Rs 54,000 crore, approved by the ...
Aside of according AoN approval for eight proposals, guidelines have been approved to reduce timelines of acquisition.
Under the chairmanship of Defence Minister Rajnath Singh, the Defence Acquisition Council (DAC), on Thursday accorded ...
A major decision taken by the DAC includes the approval for the procurement of 1350 HP engines to upgrade the current 1000 HP ...
Additionally, the Ministry of Defence has declared 2025 as the ‘Year of Reforms’, accelerating procurement timelines to fast-track weapon system deliveries. These acquisitions mark a major leap in ...