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Embraer to Upgrade Brazilian Navy Jets

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Brazil's Embraer Tuesday said it signed a contract to modernize 12 Brazilian navy jets in the first large-scale program between the company and the navy. "Embraer is honored by the confidence of the Brazilian navy, and receives it as a new distinguished defense customer among over 20 armed forces which currently operate its aircraft around the world," Frederico Fleury Curado, Embraer's president and CEO, said at a ceremony taking place during the seventh edition of the Latin America Aero and…

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