In first BrahMos missile export order, Philippines approves $374-million contract
The HinduIn the first export order for the BrahMos supersonic cruise missile system, Philippines has approved a $374.96 million contract for the purchase of shore based anti-ship variant of the missile from India, while discussions are ongoing with few other South East Asian counties. “As head of procuring entity, I recently signed the Notice of Award for the Philippine Navy shore-based anti-ship missile acquisition project. The coastal defence regiment of the Philippine Marines will be the primary employer of this modern strategic defense capability of the Armed Forces of the Philippines, Mr. Lorenzana added. “This is to inform you that the proposal of BrahMos Aerospace Private Ltd. For the shore based anti-ship missile system acquisition project for the Philippine Navy, with a corresponding price proposal in the amount of $374,962,800 is hereby accepted,” the letter stated.