Gripen: Brazil postpones signing of the contract

Gripen-FAB-MBDA1

The contract should have been signed in late June. It has been extended to this week when negotiations led to date to the end of October. What is preventing the signature is pressure of the economic team of the Brazilian government asking for a reduction of Interest rates on financing.

The Brazilian Defense Minister assured that despite budget cuts, there will be no retreat of the purchase, but the leasing of the C / D version may be canceled in favor of the acquisition of simulators.

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