Defense company of India and Russia will sell missiles worth 200 million dollars

Joint defense company of India and Russia "BrahMos Aerospace” is close to a deal to sell at least $200 million worth of supersonic cruise missiles to Indonesia this year.

Atul D Rane, Chief Executive of the company, said this in his statement. "BrahMos Aerospace last year secured its first overseas contract with the $375 million sale of anti-ship missiles to the Philippines.

The said company is in lengthy negotiations with Indonesia, but details on the size and timing of this potential deal have not been provided.

BrahMos Aerospace CEO Atul D Rane said it was also in preliminary talks with Jakarta on a $200 million to $350 million deal that would see the company develop advanced missiles and a version that could be mounted on warships. He offered to provide it.

Rane told Reuters in an interview that a team of mine is still in Jakarta, hoping the deal can be done within this year.

In this regard, the spokesman of Indonesian Defense Minister Prabowo Subianto refused to immediately comment on this news, saying that he needs to have complete information first.

Rane said the BrahMos company aims to land a follow-on order worth about $300 million with the Philippines, where its missiles are to be delivered to the Philippine Marine Corps in late 2023.

CEO Rane added that Western-led sanctions against Russia for attacking Ukraine have not affected BrahMos production or planning.

The Brahmos company was established in 1998 as a joint venture between India’s state-run Defense Research and Development Organization and Russia through an agreement.

It should be noted that according to data from the defense intelligence company Janes, in response to China’s growing presence in the South China Sea and some surrounding areas, Indonesia and the Philippines have increased their spending on the purchase of weapons and other military equipment. have done.

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