Defence Acquisition Council (DAC) of Defence Ministry on Monday approved the procurement of a fresh batch of Barak Surface-To-Air missile for the Indian Navy. A meeting of the Defence Acquisition Council (DAC) headed by Defence Minister Arun Jaitley, approved the capital acquisition proposal with total worth of 860 crore.
This is the first meeting of Defence Acquisition Council(DAC) with newly appointed defence minister Arun Jaitley. Arun Jaitely has taken the charge as the defence minister on 14th March due to the sudden exit of Manohar Parrikar.
Along with this proposal, Jaitley looked into other procurement proposals and issued the direction for speeding the process. The new Missile is urgently needed for replacing the current ones which has completed their shelf life. He particularly asked for close monitoring of the proposals which are with Competent Financial Authority(CFA) and Contract Negotiation Committee(CNC).
The procurement of “Expendable Bathy Thermograph” also get the clearance from the DAC. The device looks like a small torpedo, holds a temperature sensor with a transducer to detect changes in water temperature. Indian Navy will procure this device from US through foreign military sales route.
The Barak missiles will be procured under ‘buy global’ category from an Israeli firm named, Rafael Advance Defense Systems Limited at an approximate cost of around INR 500 Cr. India will install these missiles in all the front line ships of the Indian navy including the only aircraft carrier INS Vikramaditya.