SOURCE: RAUNAK KUNDE / NEWS BEAT / IDRW.ORG
Following a successful milestone in securing its initial foreign deal last year, which involved the sale of BrahMos shore-based anti-ship missiles to the Philippines for a total value of $375 million, BrahMos is poised for further export orders soon as talks with Indonesia has entered the final phase with price negotiation nearly over, only pending approvals from Ministry of Defense of the Republic of Indonesia.
As per information obtained by idrw.org, it has been revealed that the BrahMos deal with Indonesia is expected to reach its conclusion later this year, pending the necessary approvals from the Indonesian authorities for the purchase of BrahMos shore-based anti-ship missiles.
The Indonesian order for BrahMos missiles is anticipated to be slightly over half the value of the deal secured with the Philippine Marines, estimated at around $200 million. BrahMos Aerospace is optimistic that by 2025, it will be able to finalize 2-3 additional export orders, primarily from the smaller navies in the Southeast Asian market, further bolstering its presence in the region.
BrahMos Aerospace has been actively pursuing sales opportunities in the Latin American market, making a strong sales pitch to countries like Brazil and Argentina, who have expressed keen interest in the BrahMos program. However, it is expected that finalizing deals in these regions may require additional time and effort to materialize.
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