BrahMos baged orders worth Rs 25,000 cr
rahMos, the world’s first supersonic cruise missile developed by the Indo-Russian joint venture BrahMos Aerospace, has already bagged orders worth Rs 25,000 crore from the Indian defence forces. It has attracted world attention mostly because of the flexibility of using multiple platforms to launch the 290-km- range missile and low cost.
Russia, which holds 49.5 per cent stake in the joint venture, has already indicated its willingness to allow for export of the missile to some countries, while India is yet to take any decision.
Speaking at the consortium meet, Former President A.P.J. Abdul Kalam said that many countries were showing interest in it. He felt that India and Russia should explore possibilities of using this opportunity to export the system to select and friendly countries.
He was optimistic that the production order for BrahMos would rise from $7 billion to $10 billion by 2015. The joint venture will later start work on new versions of the missile such as a hypersonic model.
This post contains the Science and Technology current affairs of August 2013. These are short Science and Technology current affairs 2013 notes for quick review.
Incoming Search Keywords
1. Science and Technology News for Competitive Exams
2. Science and Technology News for Bank Exams
3. Science and Technology News for UPSC and PSC Exams
See more under Science and Technology News
0 comments: