Defence Min approves acquisition of military hardware worth Rs 2,290 crore

Defence Minister Rajnath Singh speaks in the Lok Sabha in New Delhi | PTI Photo

The defence ministry on Monday approved the procurement of arms and military equipment worth Rs 2,290 crore including around 72,000 Sig Sauer assault rifles from the United States, officials said.

The procurement proposals were approved at a meeting of the Defence Acquisition Council (DAC), the defence ministry's highest decision-making body on procurement.

Besides clearing the proposal to buy the rifles, the other notable acquisitions approved by the DAC include procurement of smart anti- airfield weapon (SAAW) systems for the Navy and the Indian Air Force at an approximate cost of Rs 970, the officials said.

"The DAC headed by Defence Minister Rajnath Singh accorded approval for various arms and equipment worth Rs 2,290 crore," the defence ministry said.

The cost of procurement of the Sig Sauer assault rifles for the frontline troops of the Indian Army will be Rs 780 crore, officials said.

They said the DAC also accorded approval forprocurement of Static HF Tans-receiver sets under the buy Indian category at a cost of Rs 540 crore. The HF radio sets will enable seamless communication for the field units of the Army and the Air Force.

The military equipment are being procured at a time Indian Army is locked in a bitter border row with China in eastern Ladakh.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel