India, Philippines ink pact for supply of Brahmos missiles
Equipment

India, Philippines ink pact for supply of Brahmos missiles

India and the Philippines have signed an agreement for deals on military hardware, including the potential supply of Brahmos cruise missiles.

The Department of National Defence of the Philippines announced the signing of the "implementing arrangement" for the procurement of defence materials and equipment.

Last year, in November, the media had reported that India and the Philippines are looking to ink a pact on the Brahmos cruise missile, making the Southeast Asian country the first customer for the weapons system developed jointly by India and Russia.

The actual agreement on the missiles is expected to be inked during a meeting of the two countries later this year.

Russian officials told the media that India and Russia are working to gradually increase the range of the Brahmos missile system and begin exporting the missile to other countries, starting with the Philippines.

The Philippines army closed in on the Brahmos deal after extensive trials, and much of the negotiations have revolved around the cost of the system and financing for the deal. India has offered a $100 million line of credit (LoC) to the Philippines for defence purchases.

India has also been in talks with several Southeast Asian countries, including Indonesia, Vietnam and Thailand, over the past few years to sell the land and sea and land based versions of the Brahmos.

India's draft defence production policy of 2018 set a target of achieving defence exports worth $5 billion by 2025.

Image Source

India and the Philippines have signed an agreement for deals on military hardware, including the potential supply of Brahmos cruise missiles. The Department of National Defence of the Philippines announced the signing of the implementing arrangement for the procurement of defence materials and equipment. Last year, in November, the media had reported that India and the Philippines are looking to ink a pact on the Brahmos cruise missile, making the Southeast Asian country the first customer for the weapons system developed jointly by India and Russia. The actual agreement on the missiles is expected to be inked during a meeting of the two countries later this year. Russian officials told the media that India and Russia are working to gradually increase the range of the Brahmos missile system and begin exporting the missile to other countries, starting with the Philippines. The Philippines army closed in on the Brahmos deal after extensive trials, and much of the negotiations have revolved around the cost of the system and financing for the deal. India has offered a $100 million line of credit (LoC) to the Philippines for defence purchases. India has also been in talks with several Southeast Asian countries, including Indonesia, Vietnam and Thailand, over the past few years to sell the land and sea and land based versions of the Brahmos. India's draft defence production policy of 2018 set a target of achieving defence exports worth $5 billion by 2025. Image Source

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?