"We are hoping to sign a tripartite agreement between DRDO, NPOM lab and BrahMos Aerospace during the planned visit of Russian president in December," BrahMos chief Sudhir Mishra told PTI in an interview.
Soon after taking over as CEO of the the Indo-Russian joint venture today, he said the mini version of the BrahMos missile will have a speed of 3.5 mach and carry a payload of 300 km upto a range of 290 km. In size, it will be almost half of the present missile, which is around 10 metres long.
The new BrahMos CEO said he was expecting that the missile would be inducted into the services by 2017 and "there would be a huge market for the new missile in India, Russia and friendly foreign countries"
Mishra said the air-launched version of the BrahMos missile was under progress and the first test-firing is expected to take place by either the end of this year or the beginning of the next year.
The Indo-Russian joint venture firm was set up in 1998.
