'Brazilian President Dilma Rousseff might be punishing the U.S. for allegedly spying on her government by denying Boeing (BA) a big fighter-jet order. On the other hand, she might just be a smart shopper.
Brazil signed a $4.5 billion order for Swedish-made Saab (SAABB:SS) Gripen aircraft this week, spurning rival bids from Boeing and France’s Dassault Aviation (AM:FP). The government said its choice was based on the Gripen’s cost and performance, as well as Saab’s promise to transfer key technologies.
Others, though, saw the decision as payback for recent reports that the U.S. National Security Agency intercepted communications between Rousseff and her staff. “Had the decision been last year, Boeing would have won,” Welber Barral, a former Brazilian trade secretary, told Bloomberg News.'
NSA Spying to Blame for Brazil Choosing Saab Fighter Jets Over Boeing? - Businessweek