India and Philippines are expected to sign a $374.9 million deal in last week of January 2022, for BrahMos shore-based supersonic cruise missile systems supply.
This deal will be signed as part of Philippines plan to strengthen its DEFENCE amid territorial conflict with China.
The deal would involve an unspecified number of missiles & launchers, payment schedule, spare parts, and delivery & training schedule.
Prior to this, Philippines Department of National Defence published a Notice of Award, asking BrahMos to sign the contract. This means, Philippines has accepted Indian proposal and is now looking to sign the contract.
To sign the deal, an Indian delegation is scheduled to visit Manila. With this deal, first export order for the BrahMos cruise missile will be made, which has a range of 290 km.