Russia-India arms venture sets export goal

Russia-India arms venture sets export goal

BrahMos Aerospace has targeted $5 billion in overseas sales of its supersonic cruise missiles by 2025

The BrahMos Aerospace joint venture between Russia and India aims to single-handedly meet Prime Minister Narendra Modi’s goal of increasing the South Asian country’s annual defense exports to $5 billion by 2025.

“We are hoping that BrahMos Aerospace alone should be able to achieve that figure by that time,” the venture’s chief executive, Atul Rane, told India’s ANI news agency on Tuesday. He added, “We are hoping to get more orders from the Philippines, and we are talking to Vietnam, Malaysia and many other countries for exports.”

Indonesia is among the other potential buyers of the venture’s supersonic cruise missiles. Earlier this year, BrahMos booked a $375 million sale to the Philippines. That deal was for the shore-based, anti-ship variant of the company’s current missile system. BrahMos will provide three missile batteries…

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