India, Philippines signs USD 375 million MoU for sale of BrahMos supersonic anti-ship cruise missiles |
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India, Philippines signs USD 375 million MoU for sale of BrahMos supersonic anti-ship cruise missiles
India and Philippines signed a $375 million Memorandum of understanding (MoU) for the sale of BrahMos supersonic anti-ship cruise missiles to the Philippines Navy.
The MoU signed by
Defense Secretary of Philippines Delfin Lorenzana and Indian Envoy to Philippines Shambhu Kumaran signed the contract in Manila.
BrahMos signs contract with Philippines for export of Shore Based Anti-Ship Missile System: Key Highlights
According to the MoU BrahMos Aerospace Private Limited (BAPL) supplied the Shore Based Anti-Ship Missile System to the Philippines.
Read Also: DRDO successfully test fires BrahMos supersonic cruise missile with enhanced capability
The BrahMos Aerospace Private Limited (BAPL) is a joint venture company of the Defence Research and Development Organisation. The contract is an important step forward for the Government of India’s policy of promoting responsible defence exports.
About BrahMos supersonic anti-ship cruise missile
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.(inp:newsOnair)
Important facts for upcoming exams from the above Current Affairs Topic
- Capital city of Philippines: Manila
- Largest city of Philippines: Quezon City
- Official languages of Philippines: Filipino and English
- President of Philippines: Rodrigo Duterte
- Vice President of Philippines: Leni Robredo
- Chief Justice of Philippines: Alexander Gesmundo
- Total Population of Philippines 2020 census: Neutral increase 109,035,343
- Currency of Philippines: Philippine peso (₱) (PHP)
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