CURRENT AFFAIRS

Detailed explanation-1: -Philippines on Friday signed a $374.96-million deal with BrahMos Aerospace Private Ltd . for the supply of shore-based anti-ship variant of the BrahMos supersonic cruise missile. This is the first export order for the missile, a joint product of India and Russia.

Detailed explanation-2: -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.

Detailed explanation-3: -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-4: -In January, the Philippines concluded a USD 375 million deal with India for procurement of three batteries of the BrahMos cruise missile. BrahMos Aerospace, an India-Russian joint venture, produces supersonic cruise missiles that can be launched from submarines, ships, aircraft, or land platforms.

Detailed explanation-5: -Financial Express Online had reported earlier that both Saudi Arabia and the UAE had expressed interest in the BrahMos-NG air variant. This variant is expected to have a 300 kms range and is in various stages of development. India has already started delivering BrahMos missiles to the Asean country the Philippines.