The Defence Acquisition Council (DAC) has approved the capital acquisition proposals of over 3,687 crore rupees. The decision was taken in the council meeting, chaired by Defence Minister Nirmala Sitharaman in New Delhi yesterday.
An official release said, in a boost to indigenisation and in realisation of India’s growing technological prowess, the DAC approved procurement of DRDO’s designed and developed ‘NAG Missile System’ at the cost of 524 crore rupees.
The system includes a third generation Anti-Tank Guided Missile- NAG, along with the Missile Carrier Vehicle. The NAG missile has top attack capabilities that can effectively engage and destroy all known enemy tanks during day and night. This will give a quantum boost to the Army’s capability against enemy armour.
The DAC also approved procurement of thirteen 127 mm calibre guns for the Navy. These guns will be fitted on-board new construction ships for undertaking surface engagements including Naval Gunfire Support Operations.
These guns, a long outstanding requirement of the Navy would be procured from BAE Systems of the United States at an approximate cost of over 3,000 crore rupees.