Exhibiting innovative solutions and state-of-the-art technology, 15 Brazilian companies are taking part in the Defence & Security Equipment International 2019 (DSEI 2019), which kicked off in London on Tuesday (Sep 10), and is slated to end on Friday (13).
The world-renowned event is held every two years in the British capital and draws representatives from the industry, government, and Armed Forces of several nations, as well as global buyers and suppliers, with products in the aerospace, naval, and land sectors.
Brazil’s participation was organized by the country’s trade and investment agency Apex-Brasil and its London embassy. In addition to the 11 firms making up Apex’s joint pavilion, four other major Brazilian security corporations are taking part in the fair: Taurus, Mac Jee, CBC, and Condor.
In the joint pavilion, companies Atech, Berkana, Cecil, Emgepron, Kryptus, Logsub, M&K, Omnisys, PolyDefensor, Protecta, and Simtech showcase products linked to intelligence systems, cyber security, face recognition, project management, maritime business, logistics, air traffic control, spacecraft hardware, on-board defense, security, and entertainment, and consultancy.
“DSEI is a globally prominent event that connects governments, the military, and the defense and security industry on a matchless scale. It’s a powerful tool for bolstering competitiveness among Brazilian companies and a great tool to bring our goods and services to the global stage,” said Apex-Brasil President Sergio Segovia.
DSEI provides several countries with business opportunities by encouraging them to show products and equipment and giving them a chance to expand ties and catch up with novelties in the sector.
Supporting Brazil in such international fairs is among Apex-Brasil’s goals. “Regarding such established sectors in the economy like defense and security, we join efforts with companies and sector associations. In this project, we’re in close collaboration with the Ministries of Defense and Foreign Relations,” Segovia added.
The exports of the firms in the project conducted in partnership with the Brazilian Association of Defense and Security Materials (ABIMDE) in the last five years averaged a yearly $4.4 billion, as per figures from Apex-Brasil’s Business Intelligence system.
The sector sells 232 goods to 117 countries. New opportunities are unveiled as investment in defense and security rises the globe over.
To attract direct investment to Brazil from overseas, a team of Apex-Brasil experts will hold meetings with 15 security companies from a number of countries to learn of their investment plans in the coming years and spread the word about existing opportunities.
Brazil has Latin American’s biggest budget for defense, estimated at $28 billion. Its industry generates some 300 thousand direct and indirect jobs and is active both domestically and internationally. New investments and partnership between foreign and Brazilian companies, Apex reported, may benefit national clusters which already have high-quality technology—like the aerospace complex of São José dos Campos.
*With information from Apex-Brasil