The Economic Times

DAC clears proposals worth Rs 2.38 lakh crore, including S-400 missile systems, Su-30 Aero engine overhaul

The Defence Acquisition Council, led by Rajnath Singh, cleared proposals worth Rs 2.38 lakh crore, covering missile systems, aircraft, and naval assets. Approvals aim to boost operational capabilities across services. In FY26, DAC granted AoN for 55 proposals worth Rs 6.73 lakh crore, marking record defence procurement activity.