Rafael acquires 40% stake in Brazil's Gespi Aeronautics

Israel's Rafael has expanded into Brazil with the acquisition of a 40 per cent stake in Gespi Aeronautics. State-owned Rafael said the purchase - its first in Brazil - would improve local capabilities and boost the government's efforts to increase defence exports. Gespi's customers include all three of Brazil's armed services
[first posted to http://jdin.janes.com - 12 April 2012]