By Jaylan Boyle, Contributing Reporter
RIO DE JANEIRO - The Brazilian government has gone on a spending spree in Europe to reinvigorate the infrastructure and equipment of its defense forces.
In defiance of the recession, Brazil has increased its defense procurement budget from US$3.6 Billion to US$5.6 Billion, and will include the building of four nuclear-powered submarines with the assistance of French contractors.
The scramble to get a share of the Brazilian arms market is reportedly causing excitement among European suppliers, with the government indicating that it is prepared to deal with any sovereign nation, rather . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here