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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.
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