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DAC approves capital acquisitions worth over Rs 15000 crore

The Defence Acquisition Council chaired by Defence Minister has approved capital acquisition of 7.4 lakh assault rifles, 17,000 light machine guns, 5,719 sniper rifles and Mareech advanced torpedo decoy systems for Indian Navy worth Rs. 15,935 crore. DAC is Defence Ministry’s highest decision-making body on procurement. DAC approval includes 7.4 lakh assault rifles: It will ..

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