4 days ago
Defence Acquisition Council clears projects worth Rs 67,000 crore
The defence ministry has given a go ahead for procurements worth ₹67,000 crore, including indigenous medium altitude long endurance drones and
autonomous surface vessels
that will see several Indian companies competing for orders. The
Defence Acquisition Council
, led by defence minister
Rajnath Singh
, approved several proposals on Tuesday, including procurement of mountain radars and upgrades to infantry combat vehicles and air defence systems.
The procurement of indigenous MALE drones is likely to see a strong competition between Indian companies that are investing into UAV technology, including Adani Defence, Solar Defence & Aerospace Ltd and
HAL
. There is a large requirement for such drones both in India and abroad.
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"The proposed MALE drones can carry multiple payloads and weapons, and operate at longer ranges for long endurance missions. They will significantly enhance round-the-clock surveillance and combat capability of the armed forces," an official said.