December 17, 2015 7:05 PM

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DAC okays purchase of Russian air defence missile systems

Defence Acquisition Council today cleared the purchase of an estimated Rs 40,000 crore Russian S-400 air defence missile systems. It also gave the go-ahead to other projects worth over Rs 25,000 crore .Defence Acquisition Council (DAC), chaired by Defence Minister Manohar Parrikar, has decided to buy 5 units of the S-400 Trium air defence missile systems that are capable of destroying incoming hostile aircraft, missiles and even drones within a range of up to 400 km.<br/><br/>It is expected that the deal would be a government-to- government one and could see a forward movement during Prime Minister Narendra Modi's visit to Russia next week.<br/><br/>Army's demand for 571 light bullet-proof vehicles to be used in counter-insurgency and counter-terrorism operations was also cleared at a cost of Rs 310 crore . The DAC also gave the go-ahead for the purchase of 120 trawls to be used on Russia-origin T-72 and T-90 tanks under Buy Global category for Rs 450 crore.

December 17, 2015 6:42 PM

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DAC okays purchase of Russian air defence missile systems

Defence Acquisition Council has cleared the purchase of five S-400 air defence systems from Russia. Sources said the deal is expected to cost around 4.52 billion dollar. However, the final price tag would be negotiated during the procurement process. Prime Minister Narendra Modi, who is scheduled to visit Moscow next week, is keen to modernize the country's defence.

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