As the buzz was going around, deals worth over Rs 75,000 crore comprising of Light Combat Aircraft (LCA), helicopters and drones was already high on the agenda of Defence Acquisition Counncil (DAC) led by defence minister Manohar Parrikar. The DAC finally have approved projects worth Rs 82,000 crore for purchase of fighter aircraft, tanks rockets and mini air drones.
The 83 LCA would be procured from Hindustan Aeronautics Limited (HAL) and would make for the Mark 1A version of the plane and will be procured at a total cost of Rs 50,025 crore for the Indian Air Force.
AON also accorded 464 T-90 tanks for estimated cost of 13448cr for Indian army on buy Indian basis from OFB as repeat order: Sources
— ANI (@ANI_news) November 7, 2016
The ShinMaywa US-2 is a Japanese large STOL amphibious aircraft designed for air-sea rescue (SAR) work. The US-2 is scheduled to replace the older ShinMaywa US-1A. ShinMaywa US-2i is an upgrade of US-2. A demonstration of this technologically superior amphibian aircraft can be understood from the video. Though no decision has been arrived on the purchase of this superior aircraft, it is understood that may be PM Modi will take ahead the discussion forward when he is scheduled to meet his Japanese counterpart during his visit come November 12.
The council has aslo given Acceptance of Necessity (AoN) for a repeat order of 464 Russian origin T 90 tanks which is being manufactured by Ordnance Factory Board for Rs 13,448 crore and also 598 mini UAVs at a cost of Rs 1,100 crore. A new blacklisting policy will be at place which will do away with blanket ban on companies dealing with defence projects. Any company found in indulged in corrupt practices will be banned from the segment for certain number of years.