MoD clears 118 'improved' Arjun tanks among Rs 17,000 crore worth of procurement proposals4Photo© timesofindia.indiatimes.com

MoD clears 118 'improved' Arjun tanks among Rs 17,000 crore worth of procurement proposals

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The Defence Acquisition Council (DAC) on Tuesday approved buying of defence equipment worth Rs 13,700 crore for the three armed forces, including 118 Arjun Mk-1A tanks for the Army. The DAC also accorded three Acceptance of Necessities (AoNs) for an overall cost of Rs 13,700 crore, the Defence Ministry said in a statement.

All these AoNs are in the highest priority category of defence acquisition — 'Buy [Indian-IDDM (Indigenously Designed, Developed and Manufactured)].

The DAC, headed by Defence Minister Rajnath Singh, is the highest decision-making body for defence procurement.