Brazil Plans to Build Indigenous Aircraft Carrier

Brazil plans to build an aircraft carrier with a foreign partner as part of an effort to enhance its military readiness.
Brazil will require a new aircraft carrier within 15 years and will modernize its existing one in the meantime.
Brazil has stepped up spending on military equipment in recent years as it seeks to beef up its defense mostly of natural resources, from deep-sea oil to fresh water.
In December the government chose Saab Gripen over Boeing Superhornets and Dassault Rafale to supply 36 jet fighters. Until these are ready, Sweden may provide older model Gripens to the Brazilian Air Force.
businessweek