Embraer plans defense office in Europe as C-390 sales pick up [Yahoo! Finance Canada]
Embraer S.A. (ERJ)
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Source: Yahoo! Finance Canada
(Reuters) - Brazilian planemaker Embraer's defense unit is planning to open an office in Europe, as sales of its C-390 Millennium military cargo aircraft gain pace in the region. The Czech Republic, Austria, the Netherlands and Sweden have all recently moved to purchase the aircraft, joining current operators Portugal and Hungary and underscoring strong momentum for the C-390 in Europe. "We are interested in opening an Embraer Defense & Security office in Europe, which would very likely be in Portugal," defense unit Chief Executive Bosco da Costa Junior told Reuters in an interview on Sunday. Portugal was the first European and NATO country to place an order for the C-390, in 2019, and received its first aircraft last year. It is also expected to soon fill orders for Embraer's light attack fighter, the A-29 Super Tucano. The Brazilian planemaker had earlier this year named the European Union as a key market for sales of the C-390, along with India, Saudi Arabia and the United
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ERJ
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Sec Filings
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- 11/8/24 - Form 6-K
- 10/25/24 - Form SC
- ERJ's page on the SEC website