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The final contracts signed on 7 September cover licence production of 50 Eurocopter EC-725 helicopter (€1.85 billion), and a submarine package comprised of four Scorpène-type boats, construction of a related shipyard and naval base in Itaguai (Rio de Janeiro state), and technical assistance for the Brazilian design and construction of a nuclear-powered submarine (€6.8 billion). These contracts are being largely financed by loans totalling €6.1 billion extended by a pool of French banks www.defpro.com...
Further, under the terms of the agreement, the Brazilian MoD will open negotiations with GIE Rafale (Dassault Aviation, Thales and SNECMA) for the planned purchase of 36 Rafale fighters for the Brazilian Air Force (FAB) under the FX-2 programme, plus an option for another 84 aircraft. On the other hand, France will formally join the ongoing Brazilian programme for the development of the KC-390 military transport aircraft and will provide technical support, while the French Air Force will eventually place a first order for ten planes.www.defpro.com...
Originally posted by FredT
Sure every country does this, but whent its the US wow look at the complaints. When its the EU? Its all well and good.
Originally posted by FredT
Sure every country does this, but whent its the US wow look at the complaints. When its the EU? Its all well and good.
(Reuters) - Venezuela's new weapons deals have spread fears of a South American arms race and put President Hugo Chavez where he is happiest -- challenging U.S. power and playing to his home crowd.
South American nations are spending billions bulking up the military to defend rugged jungle and mountain borders as well as oil and mineral reserves. However, analysts say the region faces few real external threats.
Following are some details about arms purchases by major Latin American countries in recent years:
MOSCOW—Russian arms sales are set to reach a new post-Soviet record this year, a top official said Tuesday.
Russia's weapons exports will exceed $8 billion this year, Russian news agencies quoted Mikhail Dmitriyev, head of the Federal Service for Military and Technical Cooperation, as saying.
Arms sales have grown at a quick pace, reaching a post-Soviet record of $7.5 billion last year and on track to surpass that for 2008.
According to the latest report by Stockholm International Peace Research Institute, Russia accounted for a quarter of global arms sales in 2003-2007, coming a close second after the United States.
While China and India have been the leading customers, Russia recently also has struck big weapons deals with Venezuela, Algeria and Iran.
Russia defied the United States yesterday by announcing plans to sell military hardware to Iran and Venezuela.
The head of the state arms exporter said that he was negotiating to sell antiaircraft systems to Iran despite American objections. Russia has already delivered 29 Tor-M1 missile systems under a $700 million (£386 million) deal with Iran in 2005.
“Contacts between our countries are continuing and we do not see any reason to suspend them,” Anatoli Isaikin, the general director of Rosoboronexport, told the RIA-Novosti news agency at an arms fair in South Africa.
Reports have circulated for some time that the Kremlin is preparing to sell its S300 surface-to-air missile system to Iran, offering greater protection against a possible US or Israeli attack on the Islamic republic’s nuclear facilities. The missiles have a range of more than 90 miles (150km).
Originally posted by BLV12
reply to post by FredT
It's called offsets and what not, get over it.
Originally posted by waynos
This appears to me to be a case of France and Brazil replicating the transatlantic trade link that the USA and Britian already enjoy. No harm in that.