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India, Philippines to Sign $374 Mn Deal for Sale of BrahMos Missile

India and Philippines will sign the $374 million deal for sale of BrahMos supersonic anti-ship cruise missile to the Philippines Navy today.

“The top defence brass of Philippines would be present on the occasion while India would be represented by its Ambassador,” media reported.

BrahMos Aerospace, an India-Russian joint venture, produces the supersonic cruise missile ‘BrahMos’ that can be launched from submarines, ships, aircraft, or from land platforms.

The company had proposed to the Philippines government for supply of shore-based anti-ship missiles for the country’s navy, media reported.

“The Notice of Award has been communicated to BrahMos officials by the Philippines Department of National Defense accepting the proposal worth around USD 374 million,” government officials said here.

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