IBOV 205,082.56 ▲ 0.47% IPSA 10,746.36 ▼ 0.31% IPC MEX 69,678.08 ▼ 0.30% MERVAL 3,017,221 — — COLCAP 2,540.10 ▲ 0.46% BVL PERÚ 57,021.19 ▲ 0.13% USD/BRL4.97▼ 1.57% USD/MXN18.65▼ 0.34% USD/CLP994.76▲ 0.87% USD/COP3,145▼ 1.63% USD/PEN3.45▲ 0.29% USD/ARS1,529▲ 0.10% USD/UYU40.08▲ 2.99% USD/PYG5,760▲ 3.42% USD/BOB11.78▲ 3.59% USD/DOP61.09▲ 2.49% USD/CRC452.44▲ 2.51% USD/GTQ7.64▲ 3.15% USD/HNL26.87▲ 3.24% USD/NIO36.62▲ 0.04% USD/VES884.01▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 2.14% EUR/BRL5.56▼ 1.39% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 205,082.56 ▲ 0.47% IPSA 10,746.36 ▼ 0.31% IPC MEX 69,678.08 ▼ 0.30% MERVAL 3,017,221 — — COLCAP 2,540.10 ▲ 0.46% BVL PERÚ 57,021.19 ▲ 0.13% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Saturday, October 24, 2026

Brazil Defense & Security

Avibras Howitzer Deal Is a Proposal, Not a Signed Contract

By · September 8, 2026 · 4 min read
A self-propelled artillery vehicle on display
Avibras Howitzer Deal Is a Proposal, Not a Signed Contract

BRAZIL · DEFENCE

Key Facts

  • —What it is A proposal for Avibras to assemble 36 self-propelled howitzers for the Brazilian Army.
  • —The value Around R$800 million (US$156 million), on figures reported in the Brazilian defence press.
  • —The catch It is not formalised. The proposal went to the Army logistics command in late August and awaits legal analysis.
  • —The weapon The ATMOS 155mm, designed and made by Israel’s Elbit Systems, selected in a 2024 competition.
  • —Where Assembly would take place at Avibras’s plant at Jacarei in São Paulo state, phased two then thirty-four.
  • —The second condition The Batista brothers’ takeover of Avibras still needs approval from the competition authority CADE.

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The Avibras howitzer plan has a value, a unit count and a factory. What it does not have is a signature.

A plan for Avibras to build howitzers for the Brazilian Army has been widely reported as a formalised contract. It is not one yet.

The Avibras howitzer proposal was presented to the Army’s logistics command, COLOG, in late August 2026. It remains in legal analysis.

No signing date has been reported. The Brazilian defence press describes it as pending rather than concluded.

That distinction matters because two separate approvals still stand between the plan and reality.

What the Avibras Howitzer Plan Contains

The value is around R$800 million (US$156 million). The quantity is 36 self-propelled howitzers.

The system is the ATMOS 155mm, designed and manufactured by Elbit Systems of Israel. Brazil selected it in a competition in 2024.

Delivery would be phased. Two demonstration units would come first, followed by thirty-four more.

Assembly would take place domestically, at Avibras’s plant in Jacarei in São Paulo state. That local content is the point of routing it through Avibras at all.

The Two Conditions

The first is the contract itself. A proposal in legal review at COLOG is not a procurement, and Brazilian defence purchases have stalled at this stage before.

The second is corporate. Joesley and Wesley Batista agreed in August to acquire control of Avibras Aeroco through Globe Investimentos.

That acquisition is still subject to approval by CADE, the competition authority. Until it clears, the company’s ownership is not settled.

A contract signed with a company whose control is pending would be unusual. The two timelines are linked whether or not anyone intends them to be.

Why the Deal Exists

The ATMOS purchase has been stalled since selection. Brazilian coverage in July described the government trying to unblock it.

Routing assembly through a domestic manufacturer is the standard mechanism for that. It converts an import into an industrial programme with Brazilian jobs attached.

Avibras is the natural candidate. It has built Brazilian rocket artillery for decades and is the country’s best known name in the field.

It has also been in judicial recovery, with debts reported at around R$600 million (US$117 million). An army contract is exactly what a company in that position needs.

What We Are Not Saying

We are not reporting that Avibras has won an R$800 million (US$156 million) contract. The reporting does not support that.

We are reporting that a proposal at that value exists and is in review. The difference is a signature and a regulator.

Both may well arrive. Neither has yet.

What to Watch

The first marker is a signature at COLOG, or a published contract notice. That would settle it.

The second is the CADE decision on the Batista acquisition. Control of the company comes first in practice.

The third is whether the phasing holds. Two demonstration units before thirty-four is a structure that allows a quiet exit if the first two disappoint.

Frequently Asked Questions

Has Avibras signed the howitzer contract?

No. The proposal was presented to the Army’s logistics command COLOG in late August 2026 and remains in legal analysis. No signing date has been reported.

What is the deal worth and what does it cover?

Around R$800 million (US$156 million) for 36 ATMOS 155mm self-propelled howitzers, designed by Israel’s Elbit Systems and selected by Brazil in a 2024 competition. Assembly would be at Avibras’s Jacarei plant, phased as two demonstration units then thirty-four.

What else has to happen first?

The Batista brothers’ agreed acquisition of control of Avibras through Globe Investimentos still requires approval from the competition authority CADE. Until that clears, the company’s ownership is unsettled.

Sources: Revista Sociedade Militar, Forcas Terrestres, Rio Times.

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This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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