In November I reported on American company Hawker Beechcraft being inexplicably disqualified from bidding on a weapons contract that appears ready to go to a Brazilian company named Embraer, which has questionable ties to America’s enemies.
by Ben Howe
Embraer, a Brazilian aerospace giant which is currently under investigation for potentially making illegal payments to obtain government contracts, is essentially owned by the Brazilian government. Through their “Golden Share,” Brazil essentially has control over the company’s business operations.
According to Embraer’s website, that Golden Share provision empowers the Brazilian government with veto rights over: “Creation and/or alteration of military programs, whether or not involving the Federative Republic of Brazil;” “Development of third parties´ skills in technology for military programs;” and “Interruption of the supply of maintenance and replacement parts for military aircraft,” among other things.
But Brazil has their own explaining to do regarding their long and sordid history with the rogue country of Iran.
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