BRAZILIAN AND THE SWEDISH NAVAL INDUSTRY

In December 2020, Sweden's Parliament approved an increase of 40% in the defense budget for 2021 – 2025, resulting in the amount of 27 billion Swedish kronor ($3 billion) in the period, the largest increase in 70 years. This is due to regional tensions with Russia, but it allows Sweden to think about new projects both for itself and with partnerships. For example, in the naval sector, the country should explore the potential of the closest relation with Brazil. Sweden has already consolidated cooperation within aeronautics because of the SAAB Gripen Contract in 2014. Brazil and Sweden have a high concern about their waters, a background in defense and the naval sector, specifically, and a range of opportunities to work together. This policy brief presents, then, an outlook of the Brazilian and Swedish naval industry related.