Brazil jets deal heats up as Boeing freezes bid

Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive.

Boeing is offering to sell its F-18 fighter to Brazil for the same price per plane as its previous offer during a round of bidding in 2009, the sources said. They spoke on condition of anonymity because of the sensitivity of the bidding process.

The sources declined to divulge the dollar amount of the bid, which includes the cost of the plane as well as some future maintenance and replacement parts.

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