BRAZIL SIGNS OFFSET AGREEMENT WITH ELBIT SYSTEMS

The Brazilian navy’s Aeronautics Board has signed an offset agreement with Elbit Systems and Texasbased M7 Aerospace. The agreement is linked to the development programme of Brazil’s Carrier Onboard Delivery/Air-to-Air Refuelling (COD/AAR) modernisation project, local reports indicate. Elbit will partner with Brazilian subsidiary AEL Systemas, which is also partially owned by...

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