CURRENT AFFAIRS

Detailed explanation-1: -India has formally inked its first major defence system export deal with the Philippines, signing a $375 million contract for the BrahMos shore-based anti-ship missile system. The 290 km range supersonic missile has been jointly developed with Russia and is produced in India.

Detailed explanation-2: -Earlier this year, India and the Philippines inked a $374.96 million contract for the BrahMos supersonic cruise missile, making the Philippines the first Association of Southeast Asian Nations (ASEAN) member country to import missiles from India.

Detailed explanation-3: -The Defence Ministry on Thursday signed a ₹1, 700-crore contract with BrahMos Aerospace Pvt Ltd for 35 combat and three practice BrahMos supersonic surface-to-surface cruise missiles for two P-15B class of stealth guided missile destroyers of the Indian Navy.

Detailed explanation-4: -India has already started delivering BrahMos missiles to the Asean country the Philippines. It has sealed the deal for the shore based anti-ship variant supersonic cruise missiles. And it became the first country where India exported the BrahMos missile which has been made under an Indo-Russian Joint Venture.

Detailed explanation-5: -A Rs 1, 700-crore agreement for the supply of additional BrahMos supersonic cruise missiles was signed on Thursday between the Defence ministry’s acquisitions wing and the M/s BrahMos Aerospace Pvt Ltd.