India, Russia, and Indonesia Finalize BrahMos Missile Pricing Deal

India, Russia, and Indonesia have reached an agreement on pricing for a $450 million BrahMos cruise missile deal. Negotiations have lasted over seven years, with technology transfer requests from Indonesia. The deal, influenced by global supply chain dynamics, could be finalized in several months and would position Indonesia as the second foreign buyer of BrahMos.

India, Russia, and Indonesia have finalized the pricing for the sale of BrahMos cruise missiles to Indonesia’s armed forces. Negotiations between New Delhi and Jakarta regarding this supply have been ongoing for over seven years. The deal, valued at $450 million, was confirmed by anonymous sources and requires approval from Russia, which plays a critical role in the negotiations due to its partnership in developing the missile.

The BrahMos cruise missile is a product of collaboration between India and Russia, symbolizing technological advancement in defense cooperation in the region. Indonesia’s interest in acquiring these missiles marks a significant step in its military modernization efforts. The prolonged negotiations were influenced by demand for technology transfer, ensuring supply chain sustainability amidst global tensions, particularly due to the situation in Ukraine.

In conclusion, the confirmed pricing for the BrahMos deal reflects the strengthening defense ties between India, Russia, and Indonesia. The forthcoming visit of President Prabowo Subianto to India during the Republic Day celebrations may further solidify this agreement. The successful conclusion of this deal will establish Indonesia as the second international purchaser of BrahMos missiles, marking a milestone in India’s defense exports.

Original Source: www.hindustantimes.com