Friday 19th, April 2024
canara news

Govt clears proposal to buy Barak missiles for Navy

Published On : 04 Apr 2017


New Delhi, (PTI) 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.







More News

Bhagwat demands law for Ram temple construction in Ayodhya
Bhagwat demands law for Ram temple construction in Ayodhya
Break your silence on Rafale deal: Congress tells Modi
Break your silence on Rafale deal: Congress tells Modi
BJP's Shah says allegations against Minister Akbar need to be verified
BJP's Shah says allegations against Minister Akbar need to be verified

Write your Comments

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. canaranews.com will not be responsible for any defamatory message posted under this article.

Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will canaranews.com be held responsible.