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, ...

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]

Group 1: Embraer and A-29 Super Tucano Aircraft - Embraer S.A. has signed a contract with the Portuguese government to sell 12 A-29 Super Tucano aircraft, which will feature NATO's unique communications systems [1] - The A-29 Super Tucano is a high-precision attack aircraft known for its weapon matching and target recognition accuracy, with over 160 configuration options [3] - The aircraft is recognized for its multi-mission capabilities, cost-effectiveness, and reliability, making it suitable for nations enhancing their air defense [4] Group 2: Market Growth and Demand - The military aviation market is projected to grow at a CAGR of 5.2% from 2024 to 2030, driven by nations strengthening their military capabilities [6] - This growth presents significant opportunities for combat jet manufacturers like Embraer, which has received over 260 orders for the A-29 Super Tucano [4][5] Group 3: Competitors in Aerospace Defense - Northrop Grumman Corp. is a key player in the aerospace defense sector, with a long-term earnings growth rate of 19.1% and a projected 5.3% sales improvement for 2024 [8][9] - Boeing Company offers advanced military aircraft and has a long-term earnings growth rate of 19.3%, with a projected 23.5% sales improvement for 2025 [9][10] - Lockheed Martin Corp. is also a leader in combat aircraft, with a long-term earnings growth rate of 4.6% and a projected 5.5% sales improvement for 2024 [11][12] Group 4: Stock Performance - Over the past six months, Embraer's stock has increased by 36.7%, contrasting with a 2.2% decline in the industry [13]

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 ...

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Group 1: Company Overview - Embraer S.A. has been selected by the Swedish Ministry of Defense to supply its C-390 Millennium military transport aircraft, enhancing Sweden's defense capabilities [1] - The C-390 Millennium is a medium-sized military transport aircraft capable of carrying over 26 tons, with a flying speed of 470 knots, suitable for various missions including freight transport, medical evacuation, and humanitarian activities [3] Group 2: Market Growth Prospects - The military aircraft market is expected to grow at a CAGR of 5.2% from 2024 to 2030, driven by nations strengthening their military capabilities in response to global threats [4] - This growth presents significant opportunities for leading combat jet manufacturers like Embraer, which has a diverse military jet portfolio including the P600 AEW&C and A-29 Super Tucano [5] Group 3: Competitive Landscape - Other aerospace defense companies benefiting from the military aircraft market include Northrop Grumman Corp., Boeing Company, and Lockheed Martin Corp., each with strong long-term earnings growth rates and positive sales estimates for the coming years [6][7][8][9] - Northrop Grumman has a long-term earnings growth rate of 19.1% and a projected 5.3% sales improvement for 2024 [7] - Boeing has a long-term earnings growth rate of 19.3% with a projected 25.6% sales improvement for 2025 [8] - Lockheed Martin has a long-term earnings growth rate of 4.6% and a projected 5.3% sales improvement for 2024 [9] Group 4: Stock Performance - Over the past six months, Embraer shares have increased by 46.9%, significantly outperforming the industry growth of 3.3% [10]

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 ...

Embraer S.A. (NYSE:ERJ) Q3 2024 Results Conference Call November 8, 2024 7:00 AM ET Company Participants Guilherme Paiva - Head of Investor Relations Francisco Gomes Neto - President and Chief Executive Officer Antonio Carlos Garcia - Chief Financial Officer Conference Call Participants Andre Ferreira - Bradesco BBI Lucas Marquiori - BTG Pactual Marcelo Motta - J.P. Morgan Steve Trent - Citi Myles Walton - Wolfe Lucas Laghi - XP Investimentos Daniel Gasparete - Itau Alberto Valerio - UBS Victor Mizusaki - B ...

For the quarter ended September 2024, Embraer (ERJ) reported revenue of $1.69 billion, up 31.8% over the same period last year. EPS came in at $1.20, compared to $0.18 in the year-ago quarter.The reported revenue represents a surprise of +4.06% over the Zacks Consensus Estimate of $1.63 billion. With the consensus EPS estimate being $0.28, the EPS surprise was +328.57%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

SÃO PAULO, Nov. 8, 2024 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) RELEASES ITS THIRD QUARTER 2024 EARNINGS RESULTS.HIGHLIGHTS 2024 Guidance updated: Management believes prior guidance no longer represents evenly balanced opportunities and risks for full-year operations. From an operations point of view, we estimate Commercial Aviation deliveries between 70 and 73 aircraft (down from 72 and 80), and Executive Aviation deliveries between 125 and 135 (unchanged). From a finance point of view, we fore ...