By Bloomberg Photos -
2012-10-12T10:22:51Z
Photograph by Dado Galdieri/Bloomberg
Lethal Investment
Ammunition used to test assault rifles sits stacked in a shooting field at the Industria de Material Belico do Brasil (Imbel) weapons production facility in Itajuba, Brazil, on Oct. 5. The Brazilian government has signed contracts for military equipment worth more than $12 billion, and the Defense Ministry estimates that the armed forces will need annual investments of 20 billion reais ($9.8 billion) over the next two decades.
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.