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The Latest Breaking News from the Defence Acquisition Council

From Sukhoi-30 to mine-laying systems: How India plans to counter twin China-Pakistan challenge with Rs 1.1 lakh crore upgrade list

The Defence Acquisition Council has cleared proposals worth Rs 1.1 lakh crore to strengthen India's armed forces, taking approvals this year to Rs 1.6 lakh crore and those since 2025 to Rs 13 lakh crore. The package includes CBRN reconnaissance vehicles, Arudhra radars, a ground-based jammer, marine gas turbines, trawl…

The Economic Times

HAL, Astra Microwave, other defence stocks rally up to 4% after DAC clears Rs 1.10L cr proposals; Motilal picks 3 stocks to buy

Defence stocks: The Defence Acquisition Council approved defence procurement proposals worth around Rs 1.10 lakh crore, with nearly 98% of purchases to be sourced from Indian companies. The move is likely to keep defence stocks such as HAL, BEL, Paras Defence, BEML and Astra Microwave in focus. The approvals cover…

The Economic Times

India clears ₹1.10 lakh crore defence acquisitions for Army, Navy and Air Force

The Defence Acquisition Council approved acquisition proposals valued at approximately Rs 1.10 lakh crore. About ninety-eight percent of these procurements will be sourced from Indian industry. The Indian Army will receive Chemical Biological Radiological and Nuclear Recce Vehicles and High Mobility Vehicles. The Indian Navy will procure Arudhra Radars and…

The Economic Times

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India to modify Su-30 fighter jets to integrate them with RVV BD air-to-air missiles

The Defence Ministry is considering integrating Russian RVV BD missiles with Su-30 MKI aircraft. These advanced missiles can engage targets at long distances with high speed. This capability boost comes ahead of Russian President Vladimir Putin's visit to India. The Defence Acquisition Council will review this significant proposal today. India…

The Economic Times

India's defence exports surged to Rs 38,424 crore in FY26: Rajnath Singh

India's defence exports reached Rs 38,424 crore in 2025-26, a substantial increase. This surge reflects a strong push towards indigenous defence production and manufacturing. The Defence Acquisition Council approved projects exceeding Rs 8.75 lakh crore recently. These initiatives aim to modernize the military and strengthen border areas. India is now…

The Economic Times

Paras Defence, ideaForge, other defence stocks slide up to 5%. What’s triggering the selloff?

Defence stocks declined up to 5% as investors booked profits after a sharp rally triggered by the Defence Acquisition Council’s approval of Rs 52,000 crore worth of acquisition proposals. Despite the correction, brokerages remained positive on the sector, citing strong order inflows and execution opportunities for companies such as HAL…

The Economic Times

Zen Tech, HAL & other defence stocks rally up to 6% on DAC's Rs 52,000-crore approval. Motilal picks 3 shares to buy

Defence stocks rallied sharply on Monday after the Defence Acquisition Council approved procurement proposals worth around Rs 52,000 crore. Zen Technologies, ideaForge, HAL, BEL, Paras Defence and Data Patterns gained, while Motilal Oswal reiterated its 'Buy' ratings on HAL, Bharat Electronics and Astra Microwave.

The Economic Times

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Ahead of PM Modi’s Paris visit, several deals on agenda, DAC expected to meet in next few days

Ahead of Prime Minister Narendra Modi’s visit to Paris on July 13, the Defence Acquisition Council (DAC) is expected to hold a crucial meet later where it is expected to take a call on the procurement of 26 Rafale-M fighter jets for the Navy’s aircraft carriers, and a proposal to procure…

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