Economy Government clears procurement of 111 naval helicopters at a cost of Rs 21,000 crore Updated : August 26, 2018 12:20 PM IST A meeting of the Defence Acquisition Council (DAC), the ministry's highest decision-making body on procurement, cleared the proposals. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.