Tuesday, April 16, 2024
News

CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

By Ajit Dubey

New Delhi | February 22, 2024 10:55:04 AM IST
In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships.

The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI.

The contract is set to be signed in the first week of March between the BrahMos Aerospace and Ministry of Defence.

The BrahMos is the main weapon for anti-ship and attack operations for the Indian navy warships which have been regularly firing the weapon system.

The BrahMos Aerospace is a joint venture of India and Russia and produces supersonic cruise missiles that can be launched from submarines, ships, aircraft, or land platforms.

The BrahMos missile has been indigenised in a big way by the BrahMos corporation and more parts are being indigenised.

The BrahMos missile is also set to be exported soon to the Philippines which is its first global customer.

Many countries in the Southeast Asian region have started showing serious interest in the missile system for deployment in multiple ways.

Brahmos Aerospace, headed by Atul Rane, is also working towards achieving the USD 5 billion export target set by Prime Minister Narendra Modi. The BrahMos Chairman had stated that after the first export deal with the Philippines at 375 million dollars, his team was targeting USD 5 billion by 2025.

The Indo-Russian joint venture company had conducted test firings of the missile with a high level of indigenous content, and the missile is being equipped with an indigenous seeker.

The BrahMos missile system sale to the partner countries is also set to open many more windows for other successful weapon systems like the Akash, ATAGS howitzers and other equipment from the Indian industry.

This Indian defence industry is also working on improving its hardware quality to match global competition and achieve success in export markets.

Indian systems are also being showcased in foreign countries and some of the public sector units have also opened up offices in prospective markets for sales and support. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
People have made up their minds to give ...
'Even state parties involved in extortio...
Delhi HC acquits man in POCSO case, says...
Army to start clearing snow from Hemkunt...
INDI alliance will soon belong in a muse...
Firing outside Salman Khan's residence: ...
More...    
 
 Top Stories
PM Modi's interview with ANI: Full ... 
Stock market opens flat in negative... 
Mizoram: Assam Rifles recovers hero... 
Crystal Kung Minkoff announces her ... 
Chhattisgarh Police announce Rs fiv... 
China plays backstop to Russia's wa... 
US National Security Advisor Jake S... 
Pak floods: Death toll rose to 39, ...