Israel, Brazil sign security co-op agreement

09:53, December 02, 2010      

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by Gur Salomon

Israel's defense industries are anticipating substantial orders from Brazil in the coming years after both countries signed a security cooperation agreement.

The door to a Brazilian market with a potential to generate procurement contracts worth billions of U.S. dollars has opened for Israel's leading defense manufacturers when Israeli Defense Minister Ehud Barak signed the agreement with Brazil's minister of intelligence, local Hebrew-daily Ma'ariv reported on Wednesday.

The report describes the deal as "historic and the first of its kind," preceded by months of lengthy negotiations.

An Israeli Defense Ministry spokeswoman declined to comment on the report.

But Israeli officials are reportedly already engaged in negotiations with their Brazilian counterparts on several deals in which Israel will supply arms and advanced technology and knowhow.

The state-owned Israel Aerospace Industries (IAI) is expected to sign the first agreement to sell an assortment of its goods to Brazil's Federal Police, including Unmanned Aerial Vehicles (UAVs), an area in which it specializes, radars and sensors, unmanned vehicles, electronic fences, optics and satellite technology.

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