Tag: Carlos Pieratoni Gamboa

• Tuesday, August 28th 2012 - 03:52 UTC

  Brazil’s defence industry booming and promoting projects with neighbours

  

  Brazil's defence industry is booming, fuelled by government incentives to modernize the country's armed forces and develop a robust, export-oriented military industrial complex. With the world's sixth largest economy, Brazil was ranked as the eighth largest arms exporter in the 1980s but currently languishes in 30th place, according to industry experts