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Company type | Government-owned corporation |
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Industry | Aerospace and Defense |
Founded | 5 December 1995 |
Headquarters | New Delhi, India |
Key people | Dr. Jaiteerth Raghavendra Joshi (CEO & Managing Director) |
Products | Cruise missiles |
Total assets | US$5 billion (2013) |
Owners | Defense Research and Development Organisation (India) and NPO Mashinostroeyenia (Russia) |
Website | brahmos.com |
The BrahMos Aerospace is an Indo-Russian multinational aerospace and defense corporation, with core manufacturing concentrations in Cruise missiles. Headquartered in New Delhi, India, it was founded as a joint venture between the India's Defence Research and Development Organisation and NPO Mashinostroyeniya of Russia. Company's name is a portmanteau formed from the names of two rivers, the Brahmaputra of India and the Moskva of Russia.
The company currently manufactures BrahMos missile with a range of 800 km and traveling at speeds of Mach 2.8. [1] It is also reportedly developing BrahMos-II, a hypersonic cruise missile. [2]
India is a member of the MTCR, India and Russia are now planning to jointly develop a new generation of Brahmos missiles with 600 km-plus range [3] and an ability to hit protected targets with pinpoint accuracy. [3] [4]
As of 2006, BAPL had a production rate of 100 missiles per year with plans to increase the number to 400 by 2009. [5] As of 2024, the under-construction Lucknow facility will produce 80-100 missiles a year when it starts operation in 2026. [6]
After the Gulf War of the 1990s, there was a feeling that it was necessary to have a cruise missile system in India. As a result, in 1998, then Scientific Advisor of India to Defence Minister A. P. J. Abdul Kalam and Deputy Defence Minister of Russia N.V. Mikhailov signed an inter-governmental agreement in Moscow. [7]
India holds a 70% share stake in the company and Russia holds the other 30% .[ citation needed ]
The fulfil the aim which was to design, develop, manufacture and market the world's fastest supersonic cruise missile system. [16]
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