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Wednesday, February 17, 2010

India ready to export cruise missiles

PJ-10 BrahmosIndia, which has built a supersonic cruise missile jointly with Russia, is holding talks with at least four countries to sell the weapons system, a senior Indian official said on Tuesday.

BrahMos Aerospace, a 50:50 tie-up with Russia, needs the approval of both governments to export the weapon which its makers claim is the world's fastest cruise missile, each costing up to three million dollars.

"We are in the process of getting the necessary permission (for sales)," A. Sivathanu Pillai, chief executive officer of BrahMos Aerospace said on the sidelines of an arms expo in New Delhi.

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