INSUBCONTINENT EXCLUSIVE:
The Brazilian Defense Industrial Base (BID) has expanded significantly, now including 235 companies.These companies produce around 1,700
different products, ranging from aircraft and light weapons to ammunition and non-lethal weapons.Resurgent Brazilian Defense Sector Eyes
The program dedicates R$58.24 billion ($10.4 billion) over three years to research and development.Additionally, a six-year cooperation
agreement between the Ministry of Defense and the National Confederation of Industry focuses on leveraging data-driven intelligence to
identify new market opportunities.Despite these efforts, Brazil still faces challenges, notably in military spending, which, as of 2022, was
$20.21 billion, or 1.05% of its GDP
To truly compete on the global stage, investment might need to increase to between 2-3% of GDP.The global defense market, worth about $1.5
trillion annually, presents substantial opportunities
Brazil is keen to capitalize on sectors like aerospace, cybersecurity, satellite technology, and naval systems.Beyond military applications,
framework, notably Law 12.598/12, supports private investment in the defense sector, fostering innovation and attracting new business
ventures.With its recent export achievements and strategic investments, Brazil is well on its path toward reclaiming a significant position
in the global defense market.The journey is challenging, but it holds promising potential for Brazil
The country could emerge once again as a major player in international defense exports.
