Latest reports indicate that the Defence Acquisition Council, led by Defence Minister Rajnath Singh has approved the procurement of 114 Rafale combat aircraft on Thursday.
The Rs 3.25 lakh crore deal was cleared during the Defence Acquisition Council (DAC) meeting today.
Multiple
important projects, including the purchase of a large number of Scalp cruise missiles from France, P-8I maritime surveillance aircraft from the US and air defence missiles for the Sudarshan S-400 long range Air defeare missiles are expected to be taken up for discussion by the Defence Acquisition Council (DAC) in its meeting likely on Thursday.