BrahMos missile orders exceeded $6 billion in India

Business & Economy July 14, 2014, 14:15

Joint Russia-India BrahMos Aerospace has requested the Indian government for permission to export the winged supersonic missiles BrahMos to third countries

NEW DELHI, July 14. /ITAR-TASS/. Total orders for different versions of the winged supersonic missile BrahMos by the Indian navy and armed forces have exceeded $6 billion, the president of the Russian-Indian missile developer and producer Sivathanu Pillai told journalists on Monday.

“Our next target is $10 billion,” he added. A source in the company told ITAR-TASS this would be achieved over two or three years.

Joint Russia-India BrahMos Aerospace has requested the Indian government for permission to export the winged supersonic missiles BrahMos to third countries.

Russia had already approved the proposal, while a number of countries had expressed readiness to purchase BrahMos, he added.

The permit could be obtained by the year-end and mentioned the earlier compiled list of fourteen countries, where India could export weapons.

BrahMos Aerospace established in 1998 was named after the rivers Brahmaputra and Moskva. The missile that attacks targets designated 290 kilometres away from an altitude as low as ten meters has already been purchased by the Indian navy and armed forces.

Last year, a submarine version was tested; the aviation version is to be launched for the first time this year from the fighter Su-30MKI.

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