Govt clears proposal to buy Barak missiles for Navy


Team Udayavani, Apr 4, 2017, 10:21 AM IST

New Delhi: The government on Monday approved procurement of a fresh batch of Barak surface-to-air missiles for Naval warships to enhance India’s maritime capability in view of the changing security dynamics in the Indian Ocean region

A meeting of the Defence Acquisition Council (DAC), chaired by Defence Minister Arun Jaitley, approved capital acquisition proposals totalling over INR 860 crore, including for the purchase of Barak missiles

The missiles will be procured under ‘Buy Global’ category from Rafael Advance Defense Systems Limited of Israel at an approximate cost of around INR 500 crore, defence ministry sources said

Almost all ships of the navy will be equipped with these missiles

The DAC, which is Defence Ministry’s highest decision making body for capital acquisition, also accorded Acceptance of Necessity (AoN) for procurement of equipment such as underwater robot to counter mines in the sea

The equipment is being procured as a repeat order with ‘buy global’ categorisation at a cost of approximately Rs 311 crore

It was the first meeting of the DAC after Jaitley took as defence minister on March 14

At the meeting, Jaitley took stock of various procurement proposals and issued directions for close monitoring and expeditious clearance of pending capital acquisition cases

He particularly asked for close monitoring of the proposals which are with CFA (Competent Finanancial Authority) and CNC (Contract Negotiation Committee)

The sources said DAC also reviewed several old proposals and gave instructions for their speedy processing

The DAC also cleared procurement of ‘Expendable Bathythermograph Systems’, a small torpedo-shaped device that holds a temperature sensor and a transducer to detect changes in water temperature, for the Indian Navy which will be acquired from the US.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Understanding bladder cancer: What we know and what we don’t

Mother of infant rescued from Chennai residential apartment dies by suicide

‘Rajiv’s life was short but ‘impactful’, liberalisation his legacy’

Money laundering probe: ED raids ex-DPIIT secretary Ramesh Abhishek

Mangaluru: Youth stabbed by friend over theft allegations

Infection from brain-eating amoeba kills 5-year-old girl in Kerala

Horrific accident at Shiradi Ghat: Mother and son from Bantwal killed

Related Articles More

Mother of infant rescued from Chennai residential apartment dies by suicide

‘Rajiv’s life was short but ‘impactful’, liberalisation his legacy’

Money laundering probe: ED raids ex-DPIIT secretary Ramesh Abhishek

Infection from brain-eating amoeba kills 5-year-old girl in Kerala

Mumbai registers lower voter turnout amid 5th phase polling

MUST WATCH

Peacock rescued from well

Popular Guruprasad Restaurant

Haralukote Shri Anjaneya Swamy |Udayavani

Caring For Your Newborn baby

Sri Lanka temple


Latest Additions

Understanding bladder cancer: What we know and what we don’t

Mother of infant rescued from Chennai residential apartment dies by suicide

‘Rajiv’s life was short but ‘impactful’, liberalisation his legacy’

Money laundering probe: ED raids ex-DPIIT secretary Ramesh Abhishek

Mangaluru: Youth stabbed by friend over theft allegations

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.