Current Affairs   »   Philippines to purchase BrahMos cruise missiles...

Philippines to purchase BrahMos cruise missiles from India

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Philippines has become the first foreign country to place an order for the purchase of the BrahMos Shore-Based cruise Missile System for its navy. This agreement will give a big boost to India’s defence manufacturing system. The estimated deal cost is worth $374,9 million. The BrahMos Aerospace Pvt Ltd will supply the missile, under the Shore-Based Anti-Ship Missile System Acquisition Project, for Philippine Navy.

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Important takeaways for all competitive exams:

  • Philippines Capital: Manila;
  • Philippines Currency: Philippine peso;
  • Philippines President: Rodrigo Duterte.

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