Posted on 09/08/2009 1:07:09 PM PDT by mgstarr
SAO PAULO (Dow Jones)--Brazil has chosen the French Rafale jet for its fighter program and is in negotiations with Dassault Aviation SA (AM.FR) to buy 36 aircraft, the two governments said in a joint communique. The deal could be worth $10 billion, although neither side would comment on the details. According to French Finance Minister Christine Lagarde, the deal is part of a defense deal under negotiation that could be worth EUR12 billion. Last year, Brazil signed contracts worth $12 billion to buy 50 EC-725 military transport helicopters and five submarines from France. Speaking at an event in Sao Paulo, Lagarde said that an important part of these deals was the transfer of technology and the creation of strategic partnerships. Dassault fought off U.S. rival Boeing Co. (BA) and Saab (SAAB-B.SK) of Sweden for the fighter contract. One of Brazil's main demands was the transfer of technology along with the planes. The French helicopters will be assembled in Brazil, while, under terms of the latest accord, France could acquire cargo aircraft produced by Brazilian jet maker Embraer (ERJ). The cargo aircraft model is the KC-390 and is due to enter service in 2015.
(Excerpt) Read more at online.wsj.com ...
Oil money has its perks.
Pretty nice ride.
When challenged, it automatically surrenders.
They will need them to fight off the Uraguayans.
Meanwhile my property taxes are going to support Brazilian illegals with ENDLESS benefits.
Ping.
A whole section of my town here in MA is now full of illegal Brazillians.
Hide your razors and shaving cream.
May not be a bad thing.
Thanks to Army Air Corps for the Ping!
*** FRENCH POLITICS AND CULTURE PING LIST *** FREEPMAIL ME IF YOU WANT TO JOIN ***
Sarko’s first major trip of the new Fall season was a total success economically. And that is a good thing because the Contracts mean jobs and the French economy can use a boost, and unemployment is very high.
Say ‘buenos noches’ Hugo!
The young pretty illegal women in our country can stay.
All the rest of them.....LEAVE!
For their Air Force or their Navy? Or both? They have a carrier, ex-French, large enough to handle them.
For their Air Force or their Navy? Or both? They have a carrier, ex-French, large enough to handle them.
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