DAC approves procurement of one thousand engines for T-72 tanks

The Defence Acquisition Council (DAC) has approved procurement of 1,000 engines for fitment in T-72 tanks of the Army at an approximate cost of over 2,300 crore rupees. According to the Defence Ministry, the engines will enhance mobility, agility and acceleration of T-72 tanks making them more versatile and effective in the battlefield.
Post-transfer of technology, most of these engines will be manufactured by Ordnance Factories Board. The DAC has also approved several amendments to Defence Procurement Procedure 2016, the manual governing the defence procurements.
Source-News on AIR
Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • DAC was set up in 2001.
  • DAC Chairperson- Union Defence Minister (Current Chairperson– Mrs. Nirmala Sitharaman)