Philippines awards USD 375 million contract for India's BrahMos anti-ship cruise missiles
Image Credit: zee news
The Philippines has finalised a deal to acquire a shore-based anti-ship missile system from India for nearly $375 million to beef up its navy, the Southeast Asian nation`s defence minister said. The Philippines is in the late stages of a five-year, 300 billion pesos ($5.85 billion) project to modernise its military`s outdated hardware that includes warships from World War Two and helicopters used by the United States in the Vietnam War.