(FMT) NEW DELHI: India-based defence company BrahMos Aerospace expects to close a deal this year to sell Indonesia supersonic cruise missiles worth at least US$200 million, as it looks to expand its presence in Southeast Asia, its chief executive said today.

BrahMos, a joint venture between India and Russia, clinched its first foreign deal last year with a US$375 million sale of shore-based anti-ship missiles to the Philippines – part of Indian prime minister Narendra Modi’s ambitious push to triple defence exports.

The company has been in protracted negotiations with Indonesia and details about the size and timeline of a potential deal have not been previously reported.