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 Brazil delays decision on purchase of jet fighters

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prashanth09reddy
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PostSubject: Brazil delays decision on purchase of jet fighters   Wed Dec 16, 2009 3:41 pm

RIO DE JANEIRO, Dec. 16 (UPI) -- Brazil has postponed, at least until early spring 2010, a decision on buying jet fighters from any of the three rival bidders who were hoping to win huge orders worth tens of billions of dollars.


President Luiz Inacio Lula da Silva's decision to put off buying the warplanes as part of a major military refurbishment program is seen by analysts as part of a strategy to extract maximum advantage over Brazil's long-term plan for extensive technology transfer.

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