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Sunday, September 13, 2009

Brazil sets deadline on fighter jet deal

RafaleBrazil has set a deadline for French manufacturer Dassault to finalize its bid for a multi-billion-dollar fighter jet contract, also increasing pressure on competing offers by Swedish and US firms.

Dassault has until September 21 to "formalize before the Brazilian Air Force a commercial proposition for the Rafale fighter jet consistent with the parameters set by French President Nicolas Sarkozy," the Defense Ministry said in a statement late Friday.

Lula has already indicated that Dassault is positioned to win the contest to supply the air force with modern fighters that will bolster his country's ambitions to become Latin America's preeminent military power.

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