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DefendTex enters discussions to acquire Brazil’s Avibras

DefendTex has announced that it has entered into negotiations with Brazil’s Avibras Indústria Aeroespacial for a potential acquisition, enabling the economic and financial recovery of the Brazilian technology provider.

DefendTex has announced that it has entered into negotiations with Brazil’s Avibras Indústria Aeroespacial for a potential acquisition, enabling the economic and financial recovery of the Brazilian technology provider.

It is hoped that the acquisition will ensure that the company can maintain its manufacturing facilities in Brazil and resume operations as soon as possible, the companies outlined in a recent statement.

Avibras has supported clients in the aerospace, defence, electronics, vehicles, and aeronautical sectors for over 60 years.

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Local Australian company DefendTex delivers capabilities spanning guided weapons, energetics, rocket manufacturing, and loitering munitions.

“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 fulfilment of contractual obligations with the Brazilian government and other clients,” the companies said in a statement.

“Both companies are committed and diligently working to finalise the specific terms and conditions of the investment and will keep the market informed.”

In 2023, the Brazilian government confirmed that it was deploying troops to the Venezuelan border, as Venezuela announced that it would look to invade neighbouring Guyana.

The threats emerged as 95 per cent of Venezuelan voters supported the government’s claim to Guyana’s Essequibo region.

Liam Garman

Liam Garman

Editor – Defence and Security, Momentum Media

Liam began his career as a speech writer at New South Wales Parliament before working for world leading campaigns and research agencies in Sydney and Auckland. Throughout his career, Liam has managed and executed international media and communications campaigns spanning politics, business, industrial relations and infrastructure. He’s since shifted his attention to researching and writing extensively on geopolitics and defence. He holds a Bachelor of Commerce from the University of Sydney and a Masters in Strategy and Security with Excellence from UNSW Canberra, with a thesis on post-truth, postmodernism and disinformation operations.
 
Reach out to Liam via email at This email address is being protected from spambots. You need JavaScript enabled to view it. or via LinkedIn
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