Brazil to boost defense industry and acquire 36 fighter jets
Brazil plans a major increase of the armed forces budget and a long term boost to the local defense industry and military technology which includes the purchase of 36 fighter jets worth 2.2 billion US dollars revealed the Brazilian press over the weekend.
The announcement follows a recent decision by the President Lula da Silva administration to create a National Defence Strategy group designed to program the recovery of the “capability of our armed forces and the technological edge we once had in certain fields”. This will begin with a 50% hike of the defense budget as of next year which will total approximately 5 billion US dollars.
According to the main guidelines of the long term strategy outlined by President Lula da Silva Brazil’s, Brazilian defense industry must again take the lead in the export of missiles, aircrafts and several different kinds of equipment. “We must convince ourselves that we can become a world power this century”, pointed out Lula da Silva.
Although no details were given about the fighter planes purchase, the 2.2 billion US dollars operation must ensure military technology transfer to Brazil, said the Sao Paulo press reports. Currently 37% of the Air Force 719 units are grounded.
More Here:
http://www.mercopress.com/vernoticia.do?id=11806&formato=HTML
Like i said in my Brazil post in the General area
Ahem...
Waaaaazzzoooooooo!!!!
Brazil plans a major increase of the armed forces budget and a long term boost to the local defense industry and military technology which includes the purchase of 36 fighter jets worth 2.2 billion US dollars revealed the Brazilian press over the weekend.
The announcement follows a recent decision by the President Lula da Silva administration to create a National Defence Strategy group designed to program the recovery of the “capability of our armed forces and the technological edge we once had in certain fields”. This will begin with a 50% hike of the defense budget as of next year which will total approximately 5 billion US dollars.
According to the main guidelines of the long term strategy outlined by President Lula da Silva Brazil’s, Brazilian defense industry must again take the lead in the export of missiles, aircrafts and several different kinds of equipment. “We must convince ourselves that we can become a world power this century”, pointed out Lula da Silva.
Although no details were given about the fighter planes purchase, the 2.2 billion US dollars operation must ensure military technology transfer to Brazil, said the Sao Paulo press reports. Currently 37% of the Air Force 719 units are grounded.
More Here:
http://www.mercopress.com/vernoticia.do?id=11806&formato=HTML
Like i said in my Brazil post in the General area
Ahem...
Waaaaazzzoooooooo!!!!
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