India, Vietnam On Verge Of Historic $700 Million BrahMos Missile System Deal

New Delhi: India and Vietnam have reportedly inches closer to signing a significant defence deal with a USD 700 million BrahMos missile system deal. According to the sources, both  India and Vietnam plug in more procedural details and the deal is expected to be signed in a couple of months. It is learnt that the initial techno-commercial details have already been shared and discussed by the Vietnamese Defence Ministry. 

As per defence sources, both the Vietnamese Army and Navy, will sign the deal for procurement of BrahMos missile system deal.

According to the information, if the deal goes through, Vietnam will become the second country, after the Philippines, to buy BrahMos supersonic cruise missiles from India. Vietnam has been waiting for the final agreement, which includes details on the cost, delivery schedule, and payment terms from BrahMos Aerospace (BAPL).

This development comes at a time when BrahMos Aerospace is facing leadership challenges. Dr Sivasubramanyam Nambi Naidu has legally challenged the appointment of Dr Jaiteerth Raghavendra Joshi as the new CEO and Managing Director of BrahMos, citing concerns about seniority and merit.

Amidst progress in the missile system deal, India’s Vice Chief of the Army Staff, Lieutenant General NS Raja Subramani, is currently visiting Vietnam. During his visit, he attended the 80th Anniversary of the Vietnam People’s Army in Hanoi. The visit is aimed at strengthening the military relationship between the two countries, which is important for security in the Indo-Pacific region.