Tuesday, September 08, 2009

DTN News: France Says Brazil Jet Deal Worth 4.5 to 5.0 Billion Euros

DTN News: France Says Brazil Jet Deal Worth 4.5 to 5.0 Billion Euros *Brazil to assemble French fighters, could sell to Latin America ~ Foreign Minister Celso Amorim *Source: DTN News / Reuters (NSI News Source Info) BRASILIA, Brazil - September 8, 2009: The Rafale contract between France and Brazil would be worth 4.5 to 5.0 billion euros (3.9 to 4.4 billion pounds) and delivery would begin in 2013, a source in French President Nicolas Sarkozy's office said on Monday. The building of the French planes would gradually be transferred to Brazil, the source said. (Image: Dassault Rafale is a French twin-engined delta-wing highly agile multi-role 4.5th-generation jet fighter aircraft) In exchange, France has agreed to buy around a dozen KC-390 military cargo planes, made by Brazil's Embraer . That contract is worth around 500 million euros, the source said. Brazil would assemble Rafale fighter jets under an imminent deal with France, and could sell them to other Latin American nations, Foreign Minister Celso Amorim said Monday. His comments came after Brazilian President Luiz Inacio Lula da Silva and visiting French President Nicolas Sarkozy announced that Brazil had started talks to acquire 36 Rafale combat planes in a deal worth billions of dollars.

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