You are here: Home » PTI Stories » National » News
Business Standard

Brazil to pursue satellite, nuclear sub projects: minister

AFP 

Ambitious projects such as satellites that could bring the internet to the remote Amazon and construction of Brazil's first nuclear submarine will proceed despite a deep economic downturn, the defense minister said.

Raul Jungmann said he will be in France this Thursday to take delivery of the first of three communications and defense satellites built by France's Thales and due for launching on March 21 next year.



The nearly six tonne, 2.1 billion reais (USD 617 million) satellite is at the core of a modernization of Brazil's military that Jungmann said will still take hits during planned government austerity cuts.

"We know there's going to be a new fiscal policy with a spending ceiling. We know we'll have to cut back," he said in an interview in Brasilia.

However, some projects "are already at an advanced stage and cannot be stopped, like the nuclear submarine or the four conventional submarines that are also being developed in France," he said. "Three of them are already being built."

Swedish Gripen war planes whose payment schedule he said "is sufficiently flexible" will also survive the cuts.

But with President Michel Temer pushing an austerity strategy through Congress, starting with a proposed 20-year freeze on budget increases, "there are other things we need to review," he said.

The satellite program remains a top priority, described by the minister as a chance for "to achieve a technological standard that we don't have today."

Stationed over Ecuador, the network will cover all of South America, the southern Atlantic and the west coast of Africa, "what we call Brazil's strategic sphere," Jungmann said.

The network will expand broadband coverage throughout Brazil, "which is an enormous advance for society. It will allow it to reach remote places, the Amazon for example," the minister added.

The telecoms satellites will also bring new security for by putting all government communications under the country's control and strengthening military communications, he said.

maintains one of the largest militaries in the Americas, partly to patrol its huge borders, which include 7,500 kilometers of coastline.

Jungmann said the military is concerned by the proximity of "major drug producers and that Brazil, especially in urban centers, has unfortunately turned into a drug consumer. An integrated market has developed both for drugs and weapons.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Brazil to pursue satellite, nuclear sub projects: minister

Ambitious projects such as satellites that could bring the internet to the remote Amazon and construction of Brazil's first nuclear submarine will proceed despite a deep economic downturn, the defense minister said. Raul Jungmann said he will be in France this Thursday to take delivery of the first of three communications and defense satellites built by France's Thales and due for launching on March 21 next year. The nearly six tonne, 2.1 billion reais (USD 617 million) satellite is at the core of a modernization of Brazil's military that Jungmann said will still take hits during planned government austerity cuts. "We know there's going to be a new fiscal policy with a spending ceiling. We know we'll have to cut back," he said in an interview in Brasilia. However, some projects "are already at an advanced stage and cannot be stopped, like the nuclear submarine or the four conventional submarines that are also being developed in France," he said. "Three of them are already being ... Ambitious projects such as satellites that could bring the internet to the remote Amazon and construction of Brazil's first nuclear submarine will proceed despite a deep economic downturn, the defense minister said.

Raul Jungmann said he will be in France this Thursday to take delivery of the first of three communications and defense satellites built by France's Thales and due for launching on March 21 next year.

The nearly six tonne, 2.1 billion reais (USD 617 million) satellite is at the core of a modernization of Brazil's military that Jungmann said will still take hits during planned government austerity cuts.

"We know there's going to be a new fiscal policy with a spending ceiling. We know we'll have to cut back," he said in an interview in Brasilia.

However, some projects "are already at an advanced stage and cannot be stopped, like the nuclear submarine or the four conventional submarines that are also being developed in France," he said. "Three of them are already being built."

Swedish Gripen war planes whose payment schedule he said "is sufficiently flexible" will also survive the cuts.

But with President Michel Temer pushing an austerity strategy through Congress, starting with a proposed 20-year freeze on budget increases, "there are other things we need to review," he said.

The satellite program remains a top priority, described by the minister as a chance for "to achieve a technological standard that we don't have today."

Stationed over Ecuador, the network will cover all of South America, the southern Atlantic and the west coast of Africa, "what we call Brazil's strategic sphere," Jungmann said.

The network will expand broadband coverage throughout Brazil, "which is an enormous advance for society. It will allow it to reach remote places, the Amazon for example," the minister added.

The telecoms satellites will also bring new security for by putting all government communications under the country's control and strengthening military communications, he said.

maintains one of the largest militaries in the Americas, partly to patrol its huge borders, which include 7,500 kilometers of coastline.

Jungmann said the military is concerned by the proximity of "major drug producers and that Brazil, especially in urban centers, has unfortunately turned into a drug consumer. An integrated market has developed both for drugs and weapons.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Brazil to pursue satellite, nuclear sub projects: minister

Ambitious projects such as satellites that could bring the internet to the remote Amazon and construction of Brazil's first nuclear submarine will proceed despite a deep economic downturn, the defense minister said.

Raul Jungmann said he will be in France this Thursday to take delivery of the first of three communications and defense satellites built by France's Thales and due for launching on March 21 next year.

The nearly six tonne, 2.1 billion reais (USD 617 million) satellite is at the core of a modernization of Brazil's military that Jungmann said will still take hits during planned government austerity cuts.

"We know there's going to be a new fiscal policy with a spending ceiling. We know we'll have to cut back," he said in an interview in Brasilia.

However, some projects "are already at an advanced stage and cannot be stopped, like the nuclear submarine or the four conventional submarines that are also being developed in France," he said. "Three of them are already being built."

Swedish Gripen war planes whose payment schedule he said "is sufficiently flexible" will also survive the cuts.

But with President Michel Temer pushing an austerity strategy through Congress, starting with a proposed 20-year freeze on budget increases, "there are other things we need to review," he said.

The satellite program remains a top priority, described by the minister as a chance for "to achieve a technological standard that we don't have today."

Stationed over Ecuador, the network will cover all of South America, the southern Atlantic and the west coast of Africa, "what we call Brazil's strategic sphere," Jungmann said.

The network will expand broadband coverage throughout Brazil, "which is an enormous advance for society. It will allow it to reach remote places, the Amazon for example," the minister added.

The telecoms satellites will also bring new security for by putting all government communications under the country's control and strengthening military communications, he said.

maintains one of the largest militaries in the Americas, partly to patrol its huge borders, which include 7,500 kilometers of coastline.

Jungmann said the military is concerned by the proximity of "major drug producers and that Brazil, especially in urban centers, has unfortunately turned into a drug consumer. An integrated market has developed both for drugs and weapons.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard