By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Brazil's defense minister Celso Amorim has announced that the country has successfully bought 36 Gripen NG fighter jets manufactured by Swedish firm Saab as part of the government's FX-2 program for the expansion of the country's air force.

The planes, which cost US$4.5 billion, are not expected to be delivered until 2018. While the final procedures of the deal are expected to continue for at least another year, experts suggest that Brazil has negotiated the price of the aircraft to well below their reported market . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here