Defense Ministry clears procurement proposals worth over Rs 16000 cr – GKToday

Defense Ministry clears procurement proposals worth over Rs 16000 cr

The Defense Ministry cleared procurement proposals worth over Rs.16, 000 crore including that of Israeli Barak missiles. The Ministry had put on hold procurement of Barak-I missiles because of a CBI probe in the case since 2006. The Defense Acquisition Council (DAC) headed by Defense minister AK Antony approved the proposal. The proposal is for

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