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The Cabinet Committee on Security (CCS) has cleared a mega Rs 20,000 crore deal for 200 BrahMos missiles for the Indian navy. The deal was cleared in a meeting on Wednesday evening, top defence sources told India Today.
The contract is likely to be signed in the first week of March between BrahMos Aerospace and the Ministry of Defence.
The deal will boost the Indian Navy’s firepower and will further enhance its capabilities. The BrahMos missiles are used for anti-ship and attack operations and have been the mainstay weapon for warships.
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.
Acknowledged as the foremost and swiftest precision-guided weapon on a global scale, BrahMos has played a pivotal role in enhancing India’s deterrence capabilities. The Indian Army has also integrated several BrahMos systems into its arsenal since 2007.
The BrahMos missile is also set to be exported soon to the Philippines, which is its first global customer.
In an exclusive interview with Aaj Tak, Defence Research and Development Organisation (DRDO) chairman Dr Samir V Kamat said the first set of BrahMos missile systems was expected to reach the Philippines by the end of March.
Valued at USD 375 million, it will be DRDO’s largest-ever defence contract with a foreign nation.