RIO DE JANEIRO, BRAZIL - The eighth-largest exporter of defense products in the world in the 1980s, Brazil has relinquished its military industry in recent decades and has dropped to 60th position, according to the Brazilian Association of Defense and Security Materials Industry (ABIMDE).
But Jair Bolsonaro's administration aims to resume this military commitment and place the country among the top 10 exporters of arms and military products, in a market worth about US$1.5 trillion.
According to data from the Ministry of Defense, in 2019 Brazil exported US$1.3 billion from the military industry, already exceeding . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here