How US spying cost Boeing multi-billion-dollar contract
How US spying cost Boeing multi-billion-dollar contract
Airline loses Brazilian fighter jet deal worth $4 billion
Reuters | Sao Paulo December 21, 2013 Last Updated at 20:40 IST
Dilma Rousseff was thoroughly charmed.
Brazil had been struggling for years to decide which company to choose for a $4-billion-plus fighter jet contract, one of the world’s most sought-after defence deals and one that would help define the country’s strategic alliances for decades to come.
But Rousseff, the leftist president known for being sometimes gruff and even standoffish with foreign leaders, was thrilled after a 90-minute meeting in Brasilia on May 31 with US Vice-President Joe Biden.
After Biden’s reassurances that the United States would not block crucial transfers of technological know-how to Brazil if it bought the jets, she was closer than ever to selecting Chicago-based Boeing to supply its fighter, the F/A-18 Super Hornet.
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http://www.business-standard.com/article/international/how-boeing-lost-a-multibillion-dollar-jet-contract-due-to-u-s-spying-113122000979_1.html
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