Defence Acquisition Council approves ₹52,000 crore acquisitions
pre-market1 source ↓written by the desknot a recommendation
- to enhance
- ₹52,000 crore
The Defence Acquisition Council (DAC) has granted in-principle approval for acquisitions worth ₹52,000 crore to enhance the armed forces' combat capabilities. Key approvals include the Akash Tarang anti-UAV system, MPATGM systems, and MRSAM weapon systems, among others. This move is expected to bolster defense sector sentiment and related investments.
• Akash Tarang for anti-UAV protection
• MPATGM to counter mechanized threats
• MRSAM for medium-range air defense
Not investment advice. For informational purposes only.