Six submarines worth about Rs 50,000 crore for Indian Navy to be built in India.
— Press Trust of India (@PTI_News) October 25, 2014
DAC also clears acquisition on 2 midget submarines for Rs,2500 cr.. Midget subs are under 150 tonne submarines
DAC clears purchase of 12 Dronier aircraft at a cost of about Rs 1,850 crore;also approves Israeli anti-tank guided missiles worth Rs 3,200
— Press Trust of India (@PTI_News) October 25, 2014
Defence Acquisition Council meeting was chaired by Defence Minister Arun Jaitley and lasted for over two hours.Anti Tank Guided Missile from Israel was given preference by DAC over US made Javelin missile system.
