Indian Army Places US Dollar 2 billion Worth Orders for BrahMos Super Sonic Cruise Missiles
Dated 19/8/2008
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The Indian army has placed a two billion dollar (1.36 billion euro) order for cruise missiles from the Russo-Indian company BrahMos, the news agencies said Tuesday.
"The order by the Indian armed forces comes to two billion dollars," the firm's chief executive Sivanthanu Pillai was quoted as saying by the Russian news agencies.
BrahMos Aerospace is a joint Russian-Indian venture established in 1998 to design, develop, produce and market a cruise missile. The BrahMos missile has a range of 290 kilometres (180 miles approx). Russia is India's main arms supplier. New Delhi was one of the key allies of the erstwhile Soviet Union.
