Visiongain Report Values the Brazilian Defence Market at $35.88bn in 2012

Visiongain Report Values the Brazilian Defence Market at $35.88bn in 2012 PR Newswire LONDON, October 16, 2012 LONDON, October 16, 2012 /PRNewswire/ -- The Brazilian Defence Market 2012-2022, Visiongain's latest defence report, values the market for Brazilian defence spending at $35.88bn in 2012, as Brazil's growing economic power will see it continue to embark on ambitious plans to modernise its armed forces across air, ground and naval platforms. A Visiongain Defence Analyst stated that: 'Brazil is set to use its emerging economic growth to build up a strong domestic defence industry in parallel with the modernisation of its armed forces over the next decade. In order to counter threats across its borders and to its natural resources, alongside the security preparations required as the host of major international events, Brazil is undertaking large scale defence projects for fighter aircraft, transport aircraft, submarines, naval vessels and extensive border monitoring systems, demonstrating the country's ambitious long term defence spending plans.' The report has 259 pages and contains 280 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the Brazilian Defence Market. Visiongain provides forecasts for the overall Brazilian Defence Market as well as the Operational and Acquisitions and Investments budget for the period 2012- 2022.