Avibras

Avibrás Indústria Aeroespacial, based in Jacareí, São José dos Campos, Brazil, is a diversified Brazilian company which designs, develops and manufactures defense products and services. Its range of products encompasses artillery and aircraft defense systems, rockets and missiles such as air-to-ground and surface-to-surface weapon systems, including artillery rocket systems; 70 mm air-to-ground systems and fiber optic multi-purpose guided missiles. It makes armoured vehicles as well. It also manufactures civilian transportation through a division called Tectran, telecommunications equipment, electronic industrial equipment (Powertronics), automotive painting and explosives. DefendTex of Australia with possibility to buy the brazilian Defence Company, with a debt of more than R$600 million or some € 80 million, in which R$ 14.5 million is debt with workers.