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The Boeing Company Message Board

  • tania11368 tania11368 Mar 10, 2013 1:36 PM Flag

    why i am shorting ba

    third world rising too fast, western firms are all heading towards bankruptcy

    BrahMos, the missile joint venture between India and Russia, is inviting a lot of global attention, particularly from South America, Middle East, Asia Pacific and African regions, a senior defence official told ET. With this newfangled demand BrahMos aims at creating an export order of $13 billion for the indigenously-built Brah-Mos.
    Although there are over 60,000 cruise missiles worldwide, most of them are pretty archaic, having been developed in the 1970s. This explains the reason for the spurt in demand for the new BrahMos fleet, say defence officials.The supersonic cruise missile system has also caught the attention of many countries such as Brazil, South Africa and Chile because it has been developed at a low-cost budget of $300 million.
    Named after India’s Brahmaputra river and Russia’s Moskva river, the Brahmos missile can travel at nearly three times the speed of sound and hit targets up to 300 km away. It can be launched from submarines, ships, aircraft or land. “It is the best missile — simple but universal.
    We are working along with the state-owned Defence Research and Development Organisation (DRDO) labs and PSUs such as DRDL and BEML. Private players such as Larsen & Toubro, Godrej are also collaborating for the project”, Alexander B Maksichev, deputy general director at NPO Mashinostroyenia and managing director at Brah-Mos Aerospace, told ET. “BrahMos is moving in a new direction with airborne missile version,” he added.
    “The negotiations and ground work to export these missiles to other countries have started. The export of BrahMos will start once the requirements of Indian defence are met”, said a senior defence official speaking on condition of anonymity. On its part, India has already placed $3 billion of missile orders including ground systems and receivers with BrahMos for next 7-8 years.
    The missiles will also be exported to the Russian military, which has show

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139.70+0.66(+0.47%)Oct 9 4:03 PMEDT