IBOV 176,090 ▲ 0.20% IPSA 10,928 ▲ 0.16% IPC MEX 66,659 ▲ 1.04% MERVAL 3,233,513 ▼ 0.06% COLCAP 2,296.67 ▼ 0.48% BVL PERÚ 56,428.20 ▲ 1.50% USD/BRL5.07▼ 1.27% USD/MXN17.43▼ 0.56% USD/CLP923.83▼ 0.97% USD/COP3,252▼ 0.33% USD/PEN3.39▼ 0.67% USD/ARS1,473▼ 0.67% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.34▲ 0.44% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.25% USD/TTD6.75▲ 1.19% EUR/BRL5.79▼ 0.45% BRENT 84.67 ▲ 1.64% WTI 79.07 ▲ 1.19% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.17% GOLD 4,063 ▲ 1.66% SILVER 58.99 ▲ 2.35% SOY 1,192 ▼ 0.83% CORN 460.50 ▲ 5.20% WHEAT 645.25 ▲ 2.91% COFFEE 324.30 ▼ 5.01% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 138.15 ▼ 3.09% COTTON 81.68 ▲ 2.32% COCOA 5,916 ▲ 3.86% BEEF 231.73 ▼ 1.28% CATTLE 348.85 ▼ 1.55% LITHIUM 71.31 ▲ 1.52% PETR4 40.74 ▲ 0.20% VALE3 74.03 ▲ 1.62% ITUB4 43.45 ▼ 0.16% BBDC4 18.55 ▼ 1.17% ABEV3 15.85 ▲ 0.13% BBAS3 20.52 ▲ 1.38% B3SA3 15.32 ▲ 1.32% WEGE3 44.21 ▼ 0.41% PRIO3 57.00 ▼ 0.35% SUZB3 41.25 ▼ 0.58% RENT3 40.36 ▲ 0.40% AZZA3 18.78 ▼ 2.29% CSAN3 3.88 ▼ 0.51% RAIZ4 0.32 ▼ 3.03% PCAR3 2.48 ▼ 4.25% GMAT3 3.95 ▲ 0.25% PSSA3 54.18 ▲ 0.26% CVCB3 1.27 ▲ 1.60% POSI3 3.94 ▼ 1.25% SLCE3 13.72 ▼ 1.08% NATU3 8.51 ▼ 1.05% BRKM5 6.65 ▼ 4.18% RANI3 8.02 ▲ 0.88% CSNA3 5.13 ▼ 2.10% CMIN3 5.19 ▼ 4.77% USIM5 8.30 ▼ 0.95% GGBR4 23.17 ▲ 1.53% ENEV3 26.79 ▼ 0.33% CPFE3 47.20 ▲ 0.77% CMIG4 11.12 ▲ 0.45% EQTL3 40.68 ▲ 1.17% LREN3 14.13 ▼ 0.14% VIVT3 35.41 ▲ 1.96% RAIL3 14.13 ▲ 0.14% KLABIN 17.38 ▼ 0.57% RAIA DROGASIL 18.37 ▲ 0.93% RDOR3 35.56 — 0.00% HAPV3 10.64 ▲ 1.72% FLRY3 16.31 ▲ 0.99% SMTO3 16.15 ▼ 1.34% UGPA3 29.96 ▼ 3.14% VBBR3 32.87 ▲ 0.34% BBSE3 40.18 ▼ 0.25% BPAC11 57.90 ▲ 0.66% CURY3 32.76 ▼ 1.09% AERI3 2.08 — 0.00% VIVARA 23.34 ▲ 1.00% COMPASS 25.13 ▲ 1.45% VAMOS 3.04 ▲ 0.66% SANB11 27.33 ▼ 0.15% ASAI3 8.64 ▼ 0.80% SBSP3 30.33 ▼ 0.13% WALMEX 49.65 — 0.00% GMEXICO 200.35 ▲ 2.43% FEMSA 233.35 ▲ 3.55% CEMEX 22.18 ▲ 1.84% GFNORTE 187.14 ▲ 2.78% BIMBO 56.68 ▲ 1.45% TELEVISA 9.51 ▼ 1.04% AMX 22.87 ▲ 1.24% GAP 387.02 ▼ 5.19% ASUR 277.52 ▼ 0.41% OMA 233.60 ▲ 0.12% KOF 182.19 ▲ 0.51% GRUMA 282.80 ▲ 0.51% KIMBER 38.37 ▲ 0.39% SQM-B 67,640 ▲ 0.64% COPEC 6,067 ▲ 0.16% BSANTANDER 78.80 ▲ 0.77% FALABELLA 5,925 ▲ 0.34% ENELAM 85.24 ▲ 1.24% CENCOSUD 2,057 ▲ 0.83% CMPC 1,078 — 0.00% BANCO CHILE 188.20 ▲ 1.73% LATAM AIR 24.81 ▼ 0.36% YPF 77,275 ▲ 0.13% GGAL 8,020 ▼ 0.74% PAMPA 5,200 ▼ 0.48% TXAR 662.00 ▼ 0.38% ALUAR 959.00 ▼ 0.57% TGS 9,710 ▲ 1.46% CEPU 2,309 ▼ 0.43% MIRGOR 16,800 ▼ 1.18% COME 45.22 ▲ 0.98% LOMA NEGRA 3,560 ▲ 1.79% BYMA 303.50 ▼ 1.54% TELECOM ARG 4,283 ▲ 0.76% ECOPETROL 16.03 ▲ 0.91% BANCOLOMBIA 81.65 ▲ 1.53% GRUPO AVAL 4.93 ▲ 0.41% CREDICORP 390.45 ▲ 0.32% SOUTHERN COPPER 179.80 ▲ 3.02% BUENAVENTURA 30.61 ▲ 2.65% MERCADOLIBRE 1,873 ▲ 0.30% NUBANK 14.02 ▲ 2.52% XP 16.78 ▲ 2.47% PAGSEGURO 9.24 ▼ 0.48% STONE 11.22 ▲ 0.63% GLOBANT 31.65 ▼ 1.46% TECNOGLASS 43.27 ▲ 1.00% GAP AIRPORT 222.22 ▼ 4.53% ASUR 277.52 ▼ 0.41% OMA AIRPORT 107.37 ▲ 1.17% AMX ADR 26.19 ▲ 0.61% FEMSA ADR 134.05 ▲ 3.91% CEMEX ADR 12.73 ▲ 2.25% PETROBRAS ADR 17.95 ▲ 0.36% VALE ADR 14.57 ▲ 2.72% ITAU ADR 8.56 ▲ 1.00% SANTANDER BR 5.41 ▲ 1.03% AMBEV ADR 3.10 ▲ 1.31% CSN 1.02 ▼ 1.46% GERDAU 4.58 ▲ 2.00% LATAM ADR 53.67 ▲ 0.64% BTC 64,445 ▲ 3.54% ETH 1,865 ▲ 5.15% SOL 76.91 ▲ 2.74% XRP 1.10 ▲ 3.21% BNB 579.12 ▲ 2.20% ADA 0.16 ▲ 4.31% DOGE 0.07 ▲ 3.35% AVAX 6.63 ▲ 2.88% LINK 8.24 ▲ 4.63% DOT 0.85 ▲ 1.85% LTC 44.48 ▲ 2.28% BCH 237.03 ▲ 0.34% TRX 0.33 ▲ 0.33% XLM 0.18 ▲ 1.85% HBAR 0.07 ▲ 0.45% NEAR 2.03 ▲ 5.96% ATOM 1.55 ▲ 1.17% AAVE 99.28 ▲ 5.21% SELIC 14.25% EMBRAER 82.92 ▼ 0.11% EMBRAER ADR 65.34 ▲ 1.33% JBS 11.80 — 0.00% JBS BDR 59.89 ▼ 1.19% MBRF3 16.10 ▲ 2.42% MBRFY 3.10 ▲ 1.64% INTER 5.67 ▲ 0.27% IBOV 176,090 ▲ 0.20% IPSA 10,928 ▲ 0.16% IPC MEX 66,659 ▲ 1.04% MERVAL 3,233,513 ▼ 0.06% COLCAP 2,296.67 ▼ 0.48% BVL PERÚ 56,428.20 ▲ 1.50% USD/BRL 5.07 ▼ 1.27% USD/MXN 17.43 ▼ 0.56% USD/CLP 923.83 ▼ 0.97% USD/COP 3,252 ▼ 0.33% USD/PEN 3.39 ▼ 0.67% USD/ARS 1,473 ▼ 0.67% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.34 ▲ 0.44% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.25% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.79 ▼ 0.45% BRENT 84.67 ▲ 1.64% WTI 79.07 ▲ 1.19% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.17% GOLD 4,063 ▲ 1.66% SILVER 58.99 ▲ 2.35% SOY 1,192 ▼ 0.83% CORN 460.50 ▲ 5.20% WHEAT 645.25 ▲ 2.91% COFFEE 324.30 ▼ 5.01% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 138.15 ▼ 3.09% COTTON 81.68 ▲ 2.32% COCOA 5,916 ▲ 3.86% BEEF 231.73 ▼ 1.28% CATTLE 348.85 ▼ 1.55% LITHIUM 71.31 ▲ 1.52% PETR4 40.74 ▲ 0.20% VALE3 74.03 ▲ 1.62% ITUB4 43.45 ▼ 0.16% BBDC4 18.55 ▼ 1.17% ABEV3 15.85 ▲ 0.13% BBAS3 20.52 ▲ 1.38% B3SA3 15.32 ▲ 1.32% WEGE3 44.21 ▼ 0.41% PRIO3 57.00 ▼ 0.35% SUZB3 41.25 ▼ 0.58% RENT3 40.36 ▲ 0.40% AZZA3 18.78 ▼ 2.29% CSAN3 3.88 ▼ 0.51% RAIZ4 0.32 ▼ 3.03% PCAR3 2.48 ▼ 4.25% GMAT3 3.95 ▲ 0.25% PSSA3 54.18 ▲ 0.26% CVCB3 1.27 ▲ 1.60% POSI3 3.94 ▼ 1.25% SLCE3 13.72 ▼ 1.08% NATU3 8.51 ▼ 1.05% BRKM5 6.65 ▼ 4.18% RANI3 8.02 ▲ 0.88% CSNA3 5.13 ▼ 2.10% CMIN3 5.19 ▼ 4.77% USIM5 8.30 ▼ 0.95% GGBR4 23.17 ▲ 1.53% ENEV3 26.79 ▼ 0.33% CPFE3 47.20 ▲ 0.77% CMIG4 11.12 ▲ 0.45% EQTL3 40.68 ▲ 1.17% LREN3 14.13 ▼ 0.14% VIVT3 35.41 ▲ 1.96% RAIL3 14.13 ▲ 0.14% KLABIN 17.38 ▼ 0.57% RAIA DROGASIL 18.37 ▲ 0.93% RDOR3 35.56 — 0.00% HAPV3 10.64 ▲ 1.72% FLRY3 16.31 ▲ 0.99% SMTO3 16.15 ▼ 1.34% UGPA3 29.96 ▼ 3.14% VBBR3 32.87 ▲ 0.34% BBSE3 40.18 ▼ 0.25% BPAC11 57.90 ▲ 0.66% CURY3 32.76 ▼ 1.09% AERI3 2.08 — 0.00% VIVARA 23.34 ▲ 1.00% COMPASS 25.13 ▲ 1.45% VAMOS 3.04 ▲ 0.66% SANB11 27.33 ▼ 0.15% ASAI3 8.64 ▼ 0.80% SBSP3 30.33 ▼ 0.13% WALMEX 49.65 — 0.00% GMEXICO 200.35 ▲ 2.43% FEMSA 233.35 ▲ 3.55% CEMEX 22.18 ▲ 1.84% GFNORTE 187.14 ▲ 2.78% BIMBO 56.68 ▲ 1.45% TELEVISA 9.51 ▼ 1.04% AMX 22.87 ▲ 1.24% GAP 387.02 ▼ 5.19% ASUR 277.52 ▼ 0.41% OMA 233.60 ▲ 0.12% KOF 182.19 ▲ 0.51% GRUMA 282.80 ▲ 0.51% KIMBER 38.37 ▲ 0.39% SQM-B 67,640 ▲ 0.64% COPEC 6,067 ▲ 0.16% BSANTANDER 78.80 ▲ 0.77% FALABELLA 5,925 ▲ 0.34% ENELAM 85.24 ▲ 1.24% CENCOSUD 2,057 ▲ 0.83% CMPC 1,078 — 0.00% BANCO CHILE 188.20 ▲ 1.73% LATAM AIR 24.81 ▼ 0.36% YPF 77,275 ▲ 0.13% GGAL 8,020 ▼ 0.74% PAMPA 5,200 ▼ 0.48% TXAR 662.00 ▼ 0.38% ALUAR 959.00 ▼ 0.57% TGS 9,710 ▲ 1.46% CEPU 2,309 ▼ 0.43% MIRGOR 16,800 ▼ 1.18% COME 45.22 ▲ 0.98% LOMA NEGRA 3,560 ▲ 1.79% BYMA 303.50 ▼ 1.54% TELECOM ARG 4,283 ▲ 0.76% ECOPETROL 16.03 ▲ 0.91% BANCOLOMBIA 81.65 ▲ 1.53% GRUPO AVAL 4.93 ▲ 0.41% CREDICORP 390.45 ▲ 0.32% SOUTHERN COPPER 179.80 ▲ 3.02% BUENAVENTURA 30.61 ▲ 2.65% MERCADOLIBRE 1,873 ▲ 0.30% NUBANK 14.02 ▲ 2.52% XP 16.78 ▲ 2.47% PAGSEGURO 9.24 ▼ 0.48% STONE 11.22 ▲ 0.63% GLOBANT 31.65 ▼ 1.46% TECNOGLASS 43.27 ▲ 1.00% GAP AIRPORT 222.22 ▼ 4.53% ASUR 277.52 ▼ 0.41% OMA AIRPORT 107.37 ▲ 1.17% AMX ADR 26.19 ▲ 0.61% FEMSA ADR 134.05 ▲ 3.91% CEMEX ADR 12.73 ▲ 2.25% PETROBRAS ADR 17.95 ▲ 0.36% VALE ADR 14.57 ▲ 2.72% ITAU ADR 8.56 ▲ 1.00% SANTANDER BR 5.41 ▲ 1.03% AMBEV ADR 3.10 ▲ 1.31% CSN 1.02 ▼ 1.46% GERDAU 4.58 ▲ 2.00% LATAM ADR 53.67 ▲ 0.64% BTC 64,445 ▲ 3.54% ETH 1,865 ▲ 5.15% SOL 76.91 ▲ 2.74% XRP 1.10 ▲ 3.21% BNB 579.12 ▲ 2.20% ADA 0.16 ▲ 4.31% DOGE 0.07 ▲ 3.35% AVAX 6.63 ▲ 2.88% LINK 8.24 ▲ 4.63% DOT 0.85 ▲ 1.85% LTC 44.48 ▲ 2.28% BCH 237.03 ▲ 0.34% TRX 0.33 ▲ 0.33% XLM 0.18 ▲ 1.85% HBAR 0.07 ▲ 0.45% NEAR 2.03 ▲ 5.96% ATOM 1.55 ▲ 1.17% AAVE 99.28 ▲ 5.21% SELIC 14.25% EMBRAER 82.92 ▼ 0.11% EMBRAER ADR 65.34 ▲ 1.33% JBS 11.80 — 0.00% JBS BDR 59.89 ▼ 1.19% MBRF3 16.10 ▲ 2.42% MBRFY 3.10 ▲ 1.64% INTER 5.67 ▲ 0.27%
since 2009
Tuesday, July 14, 2026

Brazil Business - Brazil

US government releases sale of Javelin missiles to Brazil

By · August 10, 2022 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

The US State Department approved the possible sale of Javelin anti-tank missile launchers and related equipment to Brazil for an estimated cost of US$74 million.

The Pentagon communicated the decision to the US Congress on Tuesday, August 9, a day after Reuters news agency reported that Democratic congress members have been trying to block the sale due to concerns about President Jair Bolsonaro and his attacks on the Brazilian electoral system.

One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →

The US Congress now has 30 days to review the request and answer questions on the issue, but no approval is required. The House and Senate can issue a resolution to oppose the sale, which is unlikely to happen, according to a State Department representative. Then the Brazilian government must confirm whether to proceed with the purchase.

Demand for Javelins has skyrocketed since the start of the war in Ukraine.
Demand for Javelins has skyrocketed since the start of the war in Ukraine. (Photo: internet reproduction)
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The Pentagon said Brazil had requested authorization to buy 33 launchers and 222 missiles of the Javelin system. Manufactured by defense giants Lockheed Martin Corp and Raytheon Technologies Corp, the Javelin has become one of the world’s best-known weapons due to its success against Russian tanks in the Ukraine war.

The approved package includes training, simulations of system use, and technical assistance.

“The proposed sale will improve the Brazilian Army’s ability to face future threats by raising its anti-armor capability. Brazil will have no difficulty in absorbing these weapons into its Armed Forces. The proposed sale of this equipment and support will not alter the basic military balance in the region,” said the Pentagon.

According to the statement, the sale also supports the United States foreign policy and security objectives, considering Brazil as “an important force for political stability and economic progress in South America.”

PROCESS INITIATED UNDER TRUMP

The purchase order for the Javelins occurred in 2020, at a time of closer ties between the United States and Brazil under then-Presidents Donald Trump and Bolsonaro. In 2019, Trump designated Brazil as a top US ally outside of NATO, allowing greater access to weapons manufactured by American companies.

The deal cut across the Trump era and was inherited by Biden, who is less friendly to Bolsonaro than his Republican predecessor. Still, Biden’s State Department had given a preliminary positive nod to the purchase last year.

“There are those within the State Department’s working levels who have expressed reservations about this sale, given Bolsonaro’s actions and rhetoric and to certain actions of Brazil’s military and security services in the past,” a US government source had told Reuters.

“Such concerns are not shared among Defense Department officials or by State Department leadership.”

The State Department then sent the proposed sale for an “informal” review by the two Democrats who chair the congressional Foreign Relations committees and the two top Republican members of the collegia.

Congressional sources say the issue had not moved forward until this Tuesday because of concerns from lawmakers, including Senator Bob Menendez and Representative Gregory Meeks, Biden’s fellow Democrats.

According to a congressional source, they asked the US State Department several questions, ranging from Bolsonaro’s human rights record to whether Brazil needs such weapons, suggesting that they want to at least delay the sale until after Brazil’s October elections.

In response to the congress members, the State Department acknowledged that Javelin missiles do not protect against any specific threat Brazil faces, a US official told Reuters. But the department argued that Brazil’s attempt to upgrade its anti-armor capabilities is legitimate.

Demand for Javelins has skyrocketed since the start of the war in Ukraine. Thus, even if the US Congress approves the deal, it could take years for Brazil to receive the missiles due to the order list, with priority given to other US partners.

CONCERN WITH ELECTIONS

The Biden administration, still on alert for the invasion of the Capitol by Trump supporters on January 6, 2021, was bothered by Bolsonaro’s comments about the election, and US envoys to Brasilia urged caution.

On a trip to Brazil in July, US Defense Secretary Lloyd Austin called for respect for democracy in a meeting with ministers from across the continent.

Before that, last year, on a visit to Brazil, CIA Director William Burns told Bolsonaro’s aides that the president should stop undermining confidence in the Brazilian electoral process.

Representatives of Brazilian NGOs also met in July with US State Department diplomats and members of the US Congress to urge Washington to quickly recognize the winner of Brazil’s presidential election in October.

With information from Reuters

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.