News Brief
Indian Navy Set To Receive Over 200 BrahMos Missiles As Cabinet Clears Rs 19,000 Crore Deal: Here's All About It
Nayan Dwivedi
Feb 22, 2024, 12:10 PM | Updated 12:13 PM IST
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In a significant development, the Cabinet Committee on Security has greenlit the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on Indian Navy warships.
Valued at approximately Rs 19,000 crore, this massive deal is set to bolster the Navy's capabilities substantially.
According to reports from Economic Times, the formal contract between BrahMos Aerospace and the Ministry of Defence is expected to be inked in the first week of March.
The BrahMos missiles, known for their supersonic speed and versatility, can be launched from submarines, ships, aircraft, or land platforms.
As the primary weapon system for anti-ship operations, the Indian Navy has been actively deploying the BrahMos and conducting regular test attacks to validate its effectiveness.
Notably, India's defence industry is also gearing up for exports, with the Philippines set to become the first global customer for the BrahMos missile.
Several Southeast Asian countries have also expressed interest in acquiring the missile system for diverse deployment scenarios.
BrahMos Aerospace, a joint venture between India and Russia, is striving to meet the ambitious export target of $5 billion by 2025, with the Philippines deal alone valued at $375 million.
As reported by TOI, this indigenization drive extends to other successful weapon systems like the Akash and ATAGS howitzers.
Also Read: Google Set To Begin Production Of Pixel Smartphones In India By Next Quarter: Report
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Nayan Dwivedi is Staff Writer at Swarajya.
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