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Brazilian government called an emergency meeting with ministers and military leaders to discuss the future of Avibras

14 May 2024 to 17: 48
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Brazilian government called an emergency meeting with ministers and military leaders to discuss the future of Avibras
Photo: SCBR National Defense/Disclosure

With debts exceeding 600 million reais and serious labor problems, the company faces the risk of being sold to foreign interests, which could compromise Brazilian technological secrets. The meeting, chaired by the Brazilian government, aims to find solutions to maintain technological capacity and jobs, in addition to ensuring the continuity of Avibras' operations in the national territory.

The Brazilian Government, concerned about the future of Avibras, summoned ministers and experts to discuss solutions to the financial and operational crisis faced by the company, known for its advanced military projects such as the Astros system. Avibras, which has accumulated debts of more than 600 million reais and is facing labor problems, is at risk of closing its doors or being sold to foreign investors, which could compromise national security by allowing access to sensitive technologies.

In an emergency meeting held last Wednesday, led by President Luiz Inácio Lula da Silva, the Minister of the Civil House, Rui Costa, the Minister of Defense, José Múcio Monteiro, the Army Commander, General Thomas Paiva, and the president of BNDES, Aloísio Mercadante.

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Crisis at Avibras not only threatens job security but also puts Brazil's technological autonomy at risk

The main focus of the meeting was to discuss the future of Avibras and find a solution that preserves the company's technological innovation capacity, guarantees the continuity of jobs and avoids the risk of deactivating operations.

The crisis at Avibras not only threatens job security but also puts Brazil's technological autonomy in the defense sector at risk. The company is currently developing the tactical cruise missile, a high-precision weapon capable of hitting targets up to 300 kilometers away with a margin of error of less than 9 meters, placing Brazil among the few countries with this advanced capability.

Government of Brazil, by intervening in the Avibras situation, signals its commitment

The possible sale of Avibras to DefendTex, an Australian group, generated heated debates. Unions and politicians on the left criticize the idea of ​​denationalization, arguing that such a move would be a disastrous outcome for a strategic company in the national defense sector.

The Government of Brazil, by intervening in the Avibras situation, signals its commitment to maintenance of national sovereignty and the importance of preserving an industry crucial to the country's defense. The resolution of this crisis will be decisive for the future of Brazilian defensive capacity and for the preservation of critical technologies developed in the country.

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