The Brazilian Defence Market 2012-2022, the latest defence report, values the market for Brazilian defence spending at $35.88bn in 2012, as Brazil’s growing economic power will see it continue to embark on ambitious plans to modernise its armed forces across air, ground and naval platforms.
A Defence Analyst stated that: ‘Brazil is set to use its emerging economic growth to build up a strong domestic defence industry in parallel with the modernisation of its armed forces over the next decade. In order to counter threats across its borders and to its natural resources, alongside the security preparations required as the host of major international events, Brazil is undertaking large scale defence projects for fighter aircraft, transport aircraft, submarines, naval vessels and extensive border monitoring systems, demonstrating the country’s ambitious long term defence spending plans.’
The Brazilian Defence Market 2012-2022 report will be of impressive value to current and future investors into future Brazilian defence contracts and the overall Brazilian defence industry, as well as to companies and research centres who wish to broaden their knowledge of the Brazilian defence market.
Source : ASDReports.com - Market Research
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