Defence Ministry clears Barak missile purchase

Defence Ministry clears Barak missile purchase

FPJ BureauUpdated: Saturday, June 01, 2019, 05:10 PM IST
article-image

New Delhi : Defence Ministry has cleared procurement proposals worth over Rs.16,000 cr including that of the Israeli Barak missiles, whose acquisition was on hold for the last five years due to a CBI probe in an alleged bribery case.

The Ministry had put on hold procurement of Barak-I missiles because of a CBI probe in the case since 2006.
It also cleared a proposal for acquiring two deep submarine rescue vessels for the Navy while approving the indigenous construction of the 16 anti-submarine warfare shallow water craft at the cost of Rs.13,000 cr.
The Defence Acquisition Council (DAC) headed by Defence Minister A K Antony cleared the Rs.880 cr proposal for 262 Barak-I missiles, which are expected to be put on the aircraft carrier INS Virat. It is also the chosen air defence system for the new aircraft carrier INS Vikramaditya, defence sources said.
The decision in this regard was taken by the Ministry after the Attorney General allowed it to take a decision on procurement of these missiles. The CBI case in this regard is reportedly in final stages and the investigative agency is reportedly going to soon file a closure report in it.
For the Army, the DAC cleared a proposal for acquiring 41 indigenously-built Advanced Light Helicopter Dhruvs. In the Rs 300 crore procurement, one of the choppers would be provided to the Navy.

RECENT STORIES

Hyderabad: Here's How An Old Nokia Phone & Demonetised Notes Helped Identify A 10-Year-Old Skeleton

Hyderabad: Here's How An Old Nokia Phone & Demonetised Notes Helped Identify A 10-Year-Old Skeleton

'Pained By His Passing Away': PM Modi Pays Tribute To 114-Year-Old Veteran Marathoner Fauja Singh...

'Pained By His Passing Away': PM Modi Pays Tribute To 114-Year-Old Veteran Marathoner Fauja Singh...

EAM S Jaishankar Meets Chinese President Xi Jinping First Time Since 2020 Galwan Clash, Highlights...

EAM S Jaishankar Meets Chinese President Xi Jinping First Time Since 2020 Galwan Clash, Highlights...

Chennai Weather Update: Light To Moderate Rainfall Is Predicted In Some Parts Of Tamil Nadu; Check...

Chennai Weather Update: Light To Moderate Rainfall Is Predicted In Some Parts Of Tamil Nadu; Check...

Rajasthan Rains: Road Caves In Near Metro Station In Jaipur As Heavy Showers Lash State (VIDEO)

Rajasthan Rains: Road Caves In Near Metro Station In Jaipur As Heavy Showers Lash State (VIDEO)