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Stock impact report

Sweden picks Embraer's C-390 as new military cargo aircraft [Yahoo! Finance]

Embraer S.A. (ERJ) 
Last embraer s.a. earnings: 3/26 06:00 am Check Earnings Report
US:NYSE Investor Relations: ri.embraer.com.br
Company Research Source: Yahoo! Finance
The deal marks the first purchase of the C-390 by a country in northern Europe, Embraer said in a statement. Expanding its presence abroad with more sales of the C-390 has been a key goal of Embraer's defense unit. Sweden is the sixth European nation to choose the aircraft, along with Austria, Czech Republic, Hungary, the Netherlands and Portugal. "This decision represents a new chapter in Brazil-Sweden relations," Embraer said. Brazil in the past had purchased Gripen fighter jets from Sweden's SAAB. (Reporting by Fabio Teixeira; Editing by Daniel Wallis) Show less Read more
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