Tag: defence industry

• Monday, October 3rd 2011 - 08:07 UTC

  Brazil props defence industry by reducing taxes, but demands more exports

  

  Brazilian President Dilma Rousseff signed a bill exempting defence companies from taxes for five years. The measure is geared to prop the defence industry and reduce the share of imported equipment for the armed forces.

• Wednesday, August 31st 2011 - 08:25 UTC

  Brazil releases funds to develop surface to surface missile system for the Army

  

  The Brazilian government gave a clear signal Monday that is intends to advance in the consolidation of a defense industry in the country. A decree signed by President Dilma Rousseff releases 45 million Real in funds for the launching of the Astros Project 2020 to equip the Brazilian army.