The work on launch of submarine variant of supersonic cruise missile BrahMos was in the final stages, said BrahMos Aerospace CEO and MD Dr A Sivathanu Pillai on 12JUL12.
Sea and ground-launched versions have been successfully tested and put into service with the Indian Army and Navy. The flight tests of the airborne version will be completed by the end of 2012.
Pillai said the Hypersonic version of Brahmos-2 cruise missile will be ready for launch in another five years.
With the research on propulsion of scramjet underway, the hypersonic missile, with four times speed that the present Supersonic missile, would be ready for induction into Indian forces by 2017.
With a 300 million Dollars investment, the company, a Indo-Russian joint venture, was doing a business of five billion dollars at present, he said.
However, he said the company would think of large scale exports only after meeting the requirements of Indian armed forces.