beyondmsn.com

Breaking news and insights at beyondmsn.com

India, Russia, Indonesia Finalize BrahMos Missile Pricing Ahead of Republic Day

India, Russia, and Indonesia have agreed on a $450 million BrahMos missile deal, with formal announcements anticipated during President Prabowo Subianto’s upcoming visit to India. Negotiations have spanned over seven years, impacted by the demand for technology transfer and delays due to the COVID-19 pandemic. Upon finalization, Indonesia will become the second foreign buyer of the BrahMos missile system, following the Philippines.

India, Russia, and Indonesia have reached an agreement regarding the pricing of the BrahMos missile deal, valued at $450 million. This agreement comes ahead of Indonesian President Prabowo Subianto’s upcoming visit to New Delhi, who will be the chief guest at India’s Republic Day celebrations. Negotiations between India and Indonesia regarding the supply of the BrahMos cruise missile, developed jointly by India and Russia, have been ongoing for over seven years, necessitating the involvement of Rosoboronexport, Russia’s official weapons exporting organization. The possibility of a formal announcement about the missile deal during Prabowo’s visit remains, although finalizing the contract may take several months due to outstanding formal procedures and financing arrangements.

The BrahMos missile system, named after the Brahmaputra and Moskva rivers, is manufactured through a collaboration of Indian and Russian firms. Indonesia is set to become the second international buyer of BrahMos missiles following a recent deal with the Philippines, which acquired three missile batteries for $375 million. The Indonesian government’s insistence on technology transfer for the missiles underscores concerns about securing spares and components, especially in light of supply issues linked to geopolitical tensions and the ongoing effects of the COVID-19 pandemic. Indonesia has strengthened its naval partnership with India, focusing on maritime security and defense cooperation.

The agreement on the BrahMos deal signifies a strengthening of defense ties between India, Russia, and Indonesia. President Prabowo Subianto’s visit to India is expected to enhance military cooperation further. While the deal poses several logistical challenges and awaits official ratification, its completion will mark a significant milestone for India’s defense export ambitions and Indonesia’s military capabilities.

Original Source: www.hindustantimes.com

Raj Patel

Raj Patel is a prominent journalist with more than 15 years of experience in the field. After graduating with honors from the University of California, Berkeley, he began his career as a news anchor before transitioning to reporting. His work has been featured in several prominent outlets, where he has reported on various topics ranging from global politics to local community issues. Raj's expertise in delivering informative and engaging news pieces has established him as a trusted voice in contemporary journalism.

Leave a Reply

Your email address will not be published. Required fields are marked *