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Saturday, July 22, 2006

Russia, India to Produce, Sell 1,000 Supersonic Cruise Missiles

Brahmos Missiles
Russia and India intend to make 1,000 BrahMos supersonic cruise missiles over the next ten years through their joint venture company, and nearly 50 percent of them are expected to be sold to other countries, defense sources said Friday.

“We already have a capacity to produce 100 missiles a year. One thousand missiles in ten years is a reasonable target. Nearly 50 percent will go to exports,” a source told PTI.

India and Russia have so far invested 300 million dollars in BrahMos Aerospace, which was established to design, develop, produce and market the missile by using the technological skills and capabilities of both countries.

Prime Minister Manmohan Singh announced last month that BrahMos (which takes its name from the Brahmaputra River of India and the Moskva River of Russia) has been inducted into the Indian Navy.

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