Brazil could sign a defence agreement with the UK for the purchase of patrol vessels and frigates worth billions of dollars.

According to media sources, if the agreement is finalised a first deal could involve the purchase of six patrol vessels worth £2.9bn and five to six Type 26 frigates, each costing £300m-£400m.

The first patrol and frigate units will be built in the UK and the rest in Brazilian yards as per the agreement with BAE and Brazilian technology transfer policy.

The vessels will be used for anti-submarine warfare, support for land operations and to protect sea traffic in the oil basins, according to Merco Press.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Brazilian defence investment is due to the development of the offshore oil industry and its pre-salt deposits which could make the country one of the world’s main producers and exporters.