Brazil strengthens defence industrial base
The Brazilian MoD signed a Protocol of Intent in October with the Brazilian Chamber of Commerce in Sweden. (Photo: Brazilian MoD)
The Brazilian MoD continues to take measures to support the national defence industry. The government has opened access to credit lines with the Brazilian Development Bank and the MoD is also seeking partnerships with other nations and institutions.
After seeing defence exports reach a record in 2021, Brazil is eager to maintain momentum by taking measures to strengthen its industrial base. Methods include seeking partnerships with other nations and institutions as well as making it easier for defence companies to access government funds.
The actions are having a positive effect on manufacturers, according to José Cláudio Manesco, EVP of the National Union of Defence Materials Industries (SIMDE).
Manesco explained to Shephard that the MoD has been an ally to industry and has intensified efforts recently to solve the problem of financing for the defence sector, while also promoting Brazilian defence products on the export
Already have an account? Log in
Want to keep reading this article?
You may also like
More from Defence Notes
-
![Spain unveils new multi-billion euro defence investment plan]()
Spain unveils new multi-billion euro defence investment plan
The new plan outlined how Spain would reach 2% of its GDP spend on defence by 2025, with €1.9 billion earmarked for new equipment acquisition with several land, naval and air platforms disclosed to be replaced or upgraded.
-
![New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia]()
New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
-
![UK Chancellor commits £2 billion to make the country a “defence industrial superpower”]()
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
![Avalon 2025: Australian defence budget meets the low expectations of show attendees]()
Avalon 2025: Australian defence budget meets the low expectations of show attendees
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
-
![Launch of Gilat Defense targets DoD market]()
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
