India needs several big-ticket deals like the one recently closed with the Philippines for BrahMos missile worth $375 million, to reach $5 billion export target by 2025 and counter China.
In a big boost to India’s defence exports, BrahMos Aerospace has inked a $375 million deal with the Philippines to provide the BrahMos cruise missile to the country’s navy. The Philippines navy will use this as an anti-ship shore-based missile that has a range of 290km.
BrahMos Aerospace, a joint venture company between India's Defence Development and Research Organisation (DRDO) and Russia, has been continuously upgrading the missile system, making it more lethal against sea and land targets.
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