SAO PAULO (Reuters) – Brazil is closer to choosing Boeing Co.’s (BA.N) F-18 for one of the developing world’s most sought-after defense contracts after U.S. Vice President Joe Biden addressed the government’s main misgivings during a visit to Brasilia, officials told Reuters.
Biden met with President Dilma Rousseff on Friday and assured her that the U.S. Congress was likely to respect Boeing’s agreement to transfer sensitive technology to Brazil as part of the deal, three officials who were present said on condition of anonymity.
Rest of a lengthy article at the link.
http://finance.yahoo.com/news/exclusive-brazil-closer-boeing-jets-220848439.html
Sign In
June 5, 2013 at 4:38 am