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via economictimes.indiatimes.comPolitics

India in final talks to expand BrahMos missile sale to Philippines

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

India is in advanced discussions to supply additional BrahMos missile systems to the Philippines by expanding their existing deal. This potential transaction could be valued between $700 million and $800 million, considerably higher than previous contracts. The acquisition comes…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA defense deal worth 700-800 million dollars, tied to tensions in the South China Sea.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01India is in advanced talks to supply more BrahMos systems to the Philippines.
  2. 02The potential value is estimated at 700 to 800 million dollars.
  3. 03The Philippines seeks to modernize its military amid regional tensions.

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