Brazil's submarine development project is filtering down to local manufacturers who hope to capitalize on the program's appetite for local expertise.
Arms spending in Latin America is likely to be flat due to cutbacks in Brazilian defense programs and cash constraints on expenditures by other countries.
U.S. Secretary of State Hillary Clinton is due here next week for another jab at reaching convergence on key foreign policy and global finance issues, including Cuba, the Middle East, monetary expansion and trade.
Former Brazilian President Luiz Inacio Lula da Silva was hospitalized Sunday with a fever and mild pneumonia in Sao Paulo, officials said.
Brazil is moving toward implementing plans to develop its defense industry market regionally in Latin America and the Caribbean.
Brazil hopes the current economic downturn will give it an edge over competing suppliers and help secure a cheaper deal for its purchase of up to 36 fighter jets.
Brazil is easing Cuba into the free market economy with a generous package of aid in cash and kind and joint projects.
Brazil is speeding its research and development programs to perfect a tactical transport aircraft to rival the old C-130 Hercules amid predictions the global market needs no less than 700 substitute.
Brazil is modernizing its navy to continue expansion of the naval forces' responsibilities in regular patrolling of lakes and rivers.
Iranian President Mahmoud Ahmadinejad won support from Latin America's left-wing populist leaders in Venezuela and Nicaragua as he set off for talks in Havana with Cuban President Raul Castro and conclusive meetings in Ecuador.