Brazil sets up fund for Army’s armored vehicle, missile capabilities

SAO PAULO — The Brazilian government has launched fund to dedicated to Army capabilities, including the acquisition and development of armored vehicles from the Italian manufacturer Iveco Defence, Astros missile system from Avibras and more. The plan is part of the Growth Acceleration Program, or PAC, announced by the government in August. The effort is set to spend about 53 billion reals (U.S.
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