- Details
- Published: 02 April 2024
Avibras Indústria Aeroespacial and DefendTex hereby announce that they have been engaged in advanced discussions to facilitate a potential investment aimed at the economic and financial recovery of Avibras, with the goal of maintaining its manufacturing facilities in Brazil, resuming operations as soon as possible, and ensuring the fulfillment of contractual obligations with the Brazilian government and other clients.
Both companies are committed and diligently working to finalize the specific terms and conditions of the investment and will keep the market informed.
About Avibras
Avibras is a Brazilian technology and innovation company with unique industrial capabilities, globally recognized for the excellence and quality of its products, systems, and engineering solutions in the Aerospace, Defense, Electronics, Vehicles, and Aeronautical sectors. With over 60 years of experience, Avibras has consolidated its position as one of the world's leading companies in the Defense and Aerospace segments.
About DefendTex
DefendTex is an international defense company headquartered in Australia and an established leader in multi-domain asymmetric warfare solutions. Providing world leading defense technologies, DefendTex’s capabilities include precision guided weapons, energetics, rocket manufacturing and loitering munitions. DefendTex has extensive experience in collaborative research, having commercialized ground breaking defense technologies.
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