June 29 2012
The Brazilian Ministry of Defense expects to receive an additional US$733 million for procurement purposes, reports defense-aerospace.com.
The funds, to be allocated from the accelerated growth program (AGP), will cover 4,170 trucks, 40 Guarani armored vehicles and 30 Astros 2020 missile launchers, said defense officials.
The AGP is designed to stimulate the Brazilian economy and generate employment, noted a Defense Ministry release.
About US$165 million has been allocated...
Please log in to continue reading.
Not yet a subscriber? Take a free trial.
Military Periscope gives you easy-to-use, integrated, open-source intelligence on…
Try Military Periscope free for seven days
Military Periscope FEDLINK information
Service ID: UC Contract Number: LCFDL19D0065
Military Periscope is a product of GovExec.
600 New Hampshire Ave., Suite 510,
Washington DC, 20037, USA.
©Military Periscope 2022
All rights reserved. Redistribution of the content is prohibited without prior consent of Military Periscope.