Due to budget reasons, Brazilian President Dilma Rousseff has decided to wait until mid-2013 to...

|By:, SA News Editor

Due to budget reasons, Brazilian President Dilma Rousseff has decided to wait until mid-2013 to make a decision on a multi-billion-dollar Air Force jets contract, and Boeing's (BA +0.1%) recent alliances with Brazilian aircraft maker Embraer (ERJ -1.9%) give a leg up in the competition. The decision has dragged on for more than a decade through three successive Brazilian governments, and picking the winner has become a bit like placing odds on a soccer match that never actually gets played.