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Monday, August 03, 2009

Brazil weighs French, US, Swedish fighter jet contract bids

RafaleThe United States, France and Sweden are on the threshold of finding out which will be chosen to supply Brazil with modern fighter jets in a much-anticipated deal worth billions.

Brasilia is expected to announce in September which shortlisted company -- Boeing of the United States, Dassault of France, or Saab of Sweden -- will supply 36 combat aircraft to replace Brazil's aging fleet of 12 French-made Mirage-2000 jets.

The procurement is part of a 15-billion-dollar plan by Latin America's biggest economy to update and expand its military capabilities to face 21st century threats in the region, and to protect precious resources in its vast territory.

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