Defence Push Quadruples with Latest DAC Approvals - Execution Now in Focus
Massive DAC Clearance The DAC, chaired by Rajnath Singh on March 27, 2026, granted Acceptance of Necessity for proposals worth approximately ₹2.38 lakh crore.
Record FY26 Approvals
In FY2025–26, the DAC accorded AoN for 55 proposals worth ₹6.73 lakh crore — and capital procurement contracts worth ₹2.28 lakh crore were signed, both the highest ever in a single financial year.
What Got Cleared - Army
For the Army: Air Defence Tracked System, Dhanush Gun System, High Capacity Radio Relay, Armoured Piercing Tank Ammunition, and Runway Independent Aerial Surveillance System.
What Got Cleared - Air Force & Coast Guard
The Air Force received approvals for S-400 missiles, Medium Transport Aircraft, Remotely Piloted Strike Aircraft, and Su-30 engine overhauls. The Coast Guard got Heavy Duty Air Cushion Vehicles.
Execution Now Key With approvals at record highs, market focus now shifts to contract signing speed, Make-in-India delivery timelines, and defence sector stock performance in FY27