Boeing gives guarantees to Brazil in fighters bid

http://www.forbes.com/feeds/ap/2011/08/18/general-industrials-lt-brazil-fighter-jets_8630228.html

BRASILIA, Brazil -- Boeing Co. says it will provide a full transfer of technology to Brazil if the U.S.-based company wins a $5 billion fighter-jet bid.

The president of Boeing ( BA - news - people ) Military Aircraft tells Brazil's Senate that the South American country would be able to fully produce the F-18 Super Hornet if it purchases the planes from Boeing.
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Christopher Chadwick said Thursday that President Barack Obama had already made the guarantees to Brazilian President Dilma Rousseff.

The technology transfer is a key issue for Brazil, which also is analyzing bids from Sweden's Saab AB and France's Dassault. Saab AB is offering the Gripen NG fighter jet, while Dassault has the Rafale jet.

The purchase of the 36 aircraft was recently delayed because of budget cuts.

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