08 September 2009

Brasil And France Sign $9 Billion Arms Deal.

LAHT.
The presidents of Brasil and France agreed to a naval and aeronautic alliance that will provide technology for Brasilian industry. The defense agreements stipulate for the construction of five submarines, one of them nuclear-powered, and 50 EC-725 helicopters by the firm Eurocopter.
The operation will be completed in stages that will conclude in 2021 and cost Brasil about $12.3 billion,with $9 billion for the purchase of military equipment.