DEFENCE
Brazil with a defence market described as “one of the fastest growing in the world” will be signing a defence agreement with the UK which should open the way for a deal worth “billions of dollars”, according to reports in the Brazilian and UK media. A first deal could involve £ 2.9 billion which includes the purchase of six patrol vessels (£ 60 to £ 80 million) and five or six frigates Type 26 (render) with a unit cost of £ 300 to £ 400 million (Mercopress).
Brazilian President Dilma Rousseff has told visitors she believes Boeing’s F-18 is the best jet among three finalists in a multi-billion dollar Air Force fighter tender, but she is still pressing for better terms on technology transfers that are critical to any deal (Reuters).
http://brazil-weekly.com/