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Embraer Secures Deal to Sell A-29 Super Tucano Aircraft to Uruguay
ZACKS· 2025-01-15 13:46
Embraer S.A. (ERJ) recently disclosed that five A-29 Super Tucano aircraft options have been turned into firm orders by the Uruguayan Air Force and the Uruguayan Ministry of National Defense. The deal of the commitment was signed in August 2024. A flying simulator, integrated logistical services and mission equipment are also covered by the deal.This advanced aircraft from Embraer will assist Uruguay in increasing its defense capabilities.More on Embraer’s A-29 Super Tucano Aircraft The A-29 Super Tucano is ...
Uruguayan Air Force buys five Embraer A-29 Super Tucano by converting options into firm orders
Prnewswire· 2025-01-14 17:55
Embraer's A-29 Super Tucano Expansion - Uruguay becomes the sixth nation in South America to operate the A-29 Super Tucano, with the Uruguayan Air Force (FAU) converting options for five aircraft into firm orders [1] - The agreement includes mission equipment, integrated logistics services, and a flight simulator, as part of a fleet renewal program to expand FAU's operational capacity [1] - The A-29 Super Tucano now has 20 operators worldwide, with over 290 orders, due to its cost-effectiveness, accessibility, and versatility [5] Embraer's Strategic Partnerships - Embraer celebrates 50 years since its first export contract to Uruguay, highlighting the growing relationship with the Uruguayan Air Force [2] - The company is committed to providing the FAU with the best multimission aircraft and full support to enhance operational readiness and strategic mission capabilities [2] - The Uruguayan Minister of National Defense emphasizes that the A-29 acquisition is part of the government's commitment to renew the material and equipment of the Armed Forces [3] A-29 Super Tucano's Capabilities - The A-29 Super Tucano offers a wide range of missions, including close air support, air patrol, special operations, and border surveillance, making it a comprehensive and efficient solution for Air Forces [6] - The aircraft is designed for operational flexibility, supporting roles such as forward air controller (FAC), air and tactical coordinator (TAC), and advanced training [6] Embraer's Global Presence - Embraer has delivered over 9,000 aircraft since its founding in 1969, with an aircraft taking off every 10 seconds globally, transporting over 150 million passengers annually [8] - The company is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil, with a global network of industrial units, offices, and service centers [8]
Discover 2 Under-the-Radar Aerospace Stocks Set for 2025 Growth
MarketBeat· 2025-01-09 12:01
The aerospace sector had a strong 2024, but 2025 may be even stronger with lower interest rates, fuel costs, and less regulation under Trump’s Presidency. During the year, aerospace giant Boeing Co. NYSE: BA suffered a number of challenges that hurt its reputation, including a $5.5 billion union strike. This enabled some smaller competitors to take advantage and gain some market share during their turmoil. Here are two under-the-radar aerospace stocks benefiting from Boeing’s PR nightmare that may fly highe ...
Embraer Agrees to Supply C-390 Multi-Mission Military Aircraft
ZACKS· 2024-12-30 13:31
Embraer S.A. (ERJ) recently inked a deal to deliver two of its C-390 Millennium multi-mission aircraft to an unnamed buyer. The agreement also entails ERJ to provide associated spare parts and a thorough training and support package.The latest client marks the 10th country to choose ERJ’s C-390 jet, following Brazil, Portugal, Hungary, South Korea, the Netherlands, Austria, the Czech Republic, Sweden and Slovakia.Significance of ERJ’s C-390 Aircraft The latest generation of military multi-mission aircraft, ...
Embraer announces a firm order for six A-29 Super Tucanos from an undisclosed customer
Prnewswire· 2024-12-30 13:03
Aircraft Capabilities - The A-29 Super Tucano is equipped with enhanced capabilities for missions such as battlefield air interdiction, close air support, maritime patrol, maritime strike, and territorial defense operations [1] - As a multi-mission aircraft, the A-29 Super Tucano provides versatility for armed reconnaissance, close air support, light attack, and advanced training missions on a single platform [4] - The robust airframe of the A-29 Super Tucano allows it to operate from unpaved runways in austere environments [4] Company Announcements - Embraer announced a firm order for six A-29 Super Tucanos from an undisclosed customer, to be included in the 4Q24 backlog with deliveries scheduled for 2026 [5] - Embraer announced new sales of the A-29 Super Tucano to the Portuguese Air Force, the Uruguayan Air Force, and the Paraguayan Air Force in 2024 [3] Company Overview - Embraer is a global aerospace company headquartered in Brazil, with businesses in Commercial and Executive aviation, Defense and Security, and Agricultural Aviation [7] - The company designs, develops, manufactures, and markets aircraft and systems, providing services and support to customers after-sales [7] - Embraer is the leading manufacturer of commercial jets with up to 150 seats and the main exporter of high-value-added goods in Brazil [8] - Since its founding in 1969, Embraer has delivered more than 9,000 aircraft, with an aircraft taking off every 10 seconds on average, transporting over 150 million passengers annually [6] Product Leadership - The A-29 Super Tucano is the global leader in its category, with over 290 orders and more than 570,000 flight hours, including 60,000 in combat [3] - Embraer views the A-29 Super Tucano as the right fit for many nations around the world, citing its proven reliability and advanced capabilities [3]
Embraer Secures Deal to Sell A-29 Super Tucano Aircraft to Portugal
ZACKS· 2024-12-18 16:21
Embraer S.A. (ERJ) recently inked a contract with the Portuguese government to sell 12 of its A-29 Super Tucano aircraft. Through this contract, the Portuguese government will acquire a new version of the A-29 Super Tucano that integrates the unique communications systems of NATO.This advanced aircraft from Embraer will assist Portugal in increasing its defense capabilities.Significance of Embraer’s A-29 Super Tucano Aircraft The A-29 Super Tucano is a high-precision attack aircraft that provides excellent ...
Material Fact of derivative agreements of "equity swap" board approval
Prnewswire· 2024-12-12 23:15
EMBRAER S.A.PUBLICLY HELD COMPANYCNPJ 07.689.002/0001-89NIRE 35.300.325.761 MATERIAL FACT SÃO JOSÉ DOS CAMPOS, Brazil, Dec. 12, 2024 /PRNewswire/ -- Embraer S.A. ("Company") (NYSE: ERJ, B3: EMBR3) informs its shareholders and the market that its Board of Directors, in a meeting held on December 12, 2024, according to the minutes published on the CVM and Investor Relations websites, approved the execution by the Company, with Banco Itaú BBA S.A., of derivative agreements of "Equity Swap", referenced in the s ...
Embraer: I Buy When You Sell On Strong Growth Drivers
Seeking Alpha· 2024-12-04 12:07
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Commercial aerospace offers a lot of potential. However, currently in the market space, it can be observed that aerospace supply chain issues are keeping OEM production rates far below the intended rates and that holds back stock prices. One stock ...
Embraer to Supply C-390 Multi-Mission Military Aircraft to Sweden
ZACKS· 2024-11-12 16:32
Embraer S.A. (ERJ) recently announced that it has been selected by the Swedish Ministry of Defense to supply its C-390 Millennium military transport aircraft. This advanced aircraft from Embraer will assist Sweden in increasing its defense capabilities.More About ERJ’s C-390 Aircraft The latest generation of military multi-mission aircraft, the C-390 Millennium, offers unparalleled mobility, high productivity and operational flexibility at a low cost on a single, distinctive, modern platform.The C-390 Mille ...
Embraer's Q3 Earnings Beat Estimates, Revenues Increase Y/Y
ZACKS· 2024-11-11 13:25
Embraer S.A. (ERJ) reported third-quarter 2024 adjusted earnings of $1.20 per American Depository Share (ADS), which beat the Zacks Consensus Estimate of 28 cents by a massive 328.6%. The bottom line also improved a solid 566.7% from 18 cents reported in the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.The company registered quarterly GAAP earnings of 97 cents per ADS compared with 33 cents per ADS in the third quarter of 2023.Embraer’s Total RevenuesRevenues totale ...