 | |
| Company type | Private |
|---|---|
| Industry | Defense |
| Founded | 1961 |
| Headquarters | São José dos Campos, Brazil |
Area served | Latin American |
Key people | João Brasil Carvalho Leite (President and CEO) |
| Products | |
Number of employees | 800 (March 2024), 420 layoff[1][2] |
| Website | www |
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.[3] 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.[4][5][6][7] Commonwealth Government won’t give DefendTex US$ 70 million to help buy Brazilian missile manufacturer buying it.[8] Norinco is also interested in Avibrás, with 49 % stake, if DefendTex could not raise US$ 70 millions from Australian Government Credit to its acquisition and transfer advanced missile manufacturing capability from Brazil to Australia.[9][10] Avibrás is supposed to be valued at US$ 200 million, laid off 420 employee, a third of its workforce in 2022, those who remained were not paid for more than a year. Its debt is estimated at R$ 570 million (US$ 104.5 million) in 2022 and had ballooned to R$ 700 million (US$ 128.480 million) in 2024.[11][12][13]
- ^ "Avibras demite cerca de 400 trabalhadores em Jacareí, diz sindicato". G1 (in Brazilian Portuguese). March 18, 2022. Retrieved March 19, 2022.
- ^ https://www.sindmetalsjc.org.br/n/6669/recuperacao-judicial-da-avibras-e-homologada-e-luta-por-salario-continua
- ^ "Company Overview of Avibras Indústria Aeroespacial S.A." Bloomberg.com. Retrieved May 1, 2018.
- ^ Pligher, Pedro (April 2, 2024). "Australia's DefendTex in talks to buy Brazil's missile-maker Avibras". Defense News. Retrieved April 9, 2024.
- ^ "Avibras Indústria Aeroespacial S/A - Comunicado da Avibrás - 19/02/24". www.avibras.com.br. Retrieved April 9, 2024.
- ^ "Em recuperação judicial, Avibras anuncia investimento australiano | Radar". VEJA (in Brazilian Portuguese). Retrieved April 9, 2024.
- ^ "AVIBRÁS - Plano Recuperação Judicial homologado pela Justiça SP". DefesaNet (in Brazilian Portuguese). February 21, 2024. Retrieved April 9, 2024.
- ^ "Government won't give DefendTex US$ 70 million to help buy Brazilian missile manufacturer". Retrieved June 18, 2024.
- ^ "Norinco". Retrieved July 5, 2024.
- ^ "China is interested in buying Brazilian missile manufacturer". Retrieved June 18, 2024.
- ^ "Brazilian missile manufacturer negotiation". Retrieved July 8, 2024.
- ^ "Both Look To Win 'Troubled' Avibras Deal". Retrieved July 8, 2024.
- ^ "Chinese company Norinco eyes significant investment in Brazil's missile maker Avibras". Retrieved July 10, 2024.