India, Philippines sign USD 375 mn deal for export of BrahMos missile system
India?s BrahMos Aerospace and the Philippines are set to sign a deal for the Philippine Marines to acquire three batteries of the BrahMos cruise missile in a deal worth almost $375 million, people familiar with the matter said. The development will be a major boost for India?s efforts to become defence exporter and show the way for more South-Eastern nations to boost their defence production capabilities.
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