Brazilian security a focus

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Brazilian aircraft manufacturer Embraer has created a new subsidiary to serve the country's defence and security industry.

The new subsidiary will focus on helping Brazil " strengthen its defence industry, " Embraer president Frederico Fleury Curado said in a statement posted to the company's website. " Brazil has a growing relevant role on the global geopolitical scenario and has established a long–term vision for strengthening its defense industry, " he said. The defence and security business is expected to earn more than $882m (1. 5bn reals) in 2011, according to chief financial officer Luiz Carlos Aguiar. The company said it aims to meet Brazilian demand as well as boost exports, Aguiar said in the statement. More than 30 defense forces worldwide operate with Embraer products and systems, the company said. Embraer currently produces six aircraft used for defence and security purposes: the Super Tucano light–attack aircraft for pilot training; an early warning and control aircraft; a remote sensing and ground surveillance and intelligence plane; a maritime patrol and anti–submarine warfare aircraft; and two military transport models.

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