Wednesday, January 20, 2016

DAC gives nod to purchase of Russian S-400 Air Defence Missile Systems Russia

The Defence Acquisition Council (DAC) chaired by Defence Minister Manohar Parrikar cleared the purchase of five S-400 Triumf long-range air defence systems from Russia.
  • The defence deal worth Rs. 40,000 crore is one of the biggest of its kind to be approved by the Modi government.
  • Mr. Modi government has been leveraging defence deals to reach out and further strategic cooperation with other nations. During his visit to France last year, he surprised everyone with the announcement for the direct purchase of 36 Rafale fighter jets.

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