Placeholder canvas

India Signs USD 375 Million Deal For BrahMos Missiles With Philippines

Date:

India’s BrahMos Aerospace Private Limited (BAPL) signed a contract with the Department of National Defence of the Republic of Philippines on Friday for the supply of Shore Based Anti-Ship Missile System to the Philippines, the Ministry of Defence said.

The BAPL is a joint venture company of the Defence Research and Development Organisation (DRDO). “The contract is an important step forward for the Government of India’s policy of promoting responsible defence exports,” the Ministry added.

The Indian team of BrahMos Aerospace in India, led by BrahMos CEO Atul D Rane, Deputy CEO Sanjeev Joshi, Lt Col R Negi, and Praveen Pathak, was present at the signing of the deal.

These missiles are meant for the Philippines Navy.

Earlier this month, the Philippines accepted BAPL’s proposal worth USD 374.9 million to supply Shore-Based Anti-Ship Missile systems for the Philippines Navy.

DRDO and BAPL together have been pushing hard for exports of this missile to friendly foreign countries for the last few months.

The BrahMos export order would be the biggest for the country in this field and is likely to propel India amongst arms exporting countries as more orders for the missile are expected from other friendly countries.

Negotiations with some other nations are at an advanced stage.

The missile has also become more capable due to added range and other modern technologies being incorporated into it.

Click here for Latest News updates and viral videos on our AI-powered smart news

For viral videos and Latest trends subscribe to NewsMobile YouTube Channel and Follow us on Instagram

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

People Linked To Organised Crime In Punjab Welcomed In Canada: EAM Jaishankar

Bhubaneswar: External Affairs Minister S. Jaishankar launched a fresh...

Russia Adds Zelenskyy To List Of ‘Wanted’ Criminals’, Ukraine Calls It Act Of ‘Desperation’

Moscow: Amidst the ongoing conflict between Russia and Ukraine,...

Jammu and Kashmir: Massive Manhunt Underway After Terror Attack On IAF Convoy In Poonch

Poonch: In response to the terrorist attack on an...

IPL 2024: Faf-Virat Power RCB To Four-Wicket Win Over GT

Bengaluru: Royal Challengers Bangalore (RCB) weathered a tense middle-over...