Boeing loses out on $4.5B Brazil deal

Boeing (BA) has lost out on a 10-year $4.5B contract to supply 36 fighter jets to Brazil, which has chosen Saab's (SAABF) Gripen over the U.S. plane maker's F-18 Super Hornet.

Brazilian Defense Minister Celso Amorim said the government chose Saab because it agreed to share more technology and because many of the parts would be made in the country. The Gripen is also cheaper than the F-18 to buy and operate.

Amorim sidestepped a question over whether the Edward Snowden spying revelations - about which Brazil is furious - were a factor.

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Comments (2)
  • al roman
    , contributor
    Comments (18284) | Send Message
    Keep agitating with that "left overs" from a past administration.
    19 Dec 2013, 07:26 AM Reply Like
    , contributor
    Comments (12) | Send Message
    This is not a surprise at all. And, the NSA affair has been probably decisive.
    19 Dec 2013, 01:42 PM Reply Like
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