MOU
BrahMos Aerospace's $375 million deal with Philippines
New Delhi: BrahMos Aerospace Private Limited (BAPL) signed a contract worth almost $375 million with the Department of National Defence of the Republic of Philippines on January 28, 2022, for the supply of Shore Based Anti-Ship Missile System to the Philippines.
The 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.
BrahMos Aerospace is going to set up 200 acres factory for the production of BrahMos NG in Uttar Pradesh's Lucknow. This third unit will be involved in the production of the BrahMos missile.
Read Also : Vice Admiral Dinesh Kumar Tripathi appointed as next Chief of the Naval StaffNews Must Read
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam
- DIPAM declines PFC-REC debt resolution proposal for KSK Mahanadi project