Brazilian Navy spent $2 bn in four new ships

Brazilian Navy formalises the R$9.1 billion ($ 2 billion) contract for the acquisition of four advanced frigates of the new Tamandaré class. It is the first military contract of the Jair Bolsonaro government. The ships will be built in Santa Catarina, at the Oceana shipyards, in Itajaí, through the Águas Azuis consortium, formed by three companies: the German Maritime System Thyssenkrupp, associated with Atech and Embraer Defense and Security.

Source: Estadao