Brazil Creates Company Just for Defense and Security Aircraft

Embraer's Super Tucano Embraer, Brazil’s aircraft maker has just unveiled a new subsidiary that will be focused solely on the defense and security industry, in a further move beyond from its core civil aviation business.

The company said in a statement its new Embraer defense and Security unit will be headed by Chief Financial Officer Luiz Carlos Aguiar.

“The defense and security unit will expand the company’s market beyond airspace and allow it to boost growth through increased exports,” chief executive officer Frederico Fleury Curado said.

“We’re talking about applications for the army, for the navy, and for security forces like the police,” Curado said from São Paulo.

Embraer’s new business will surpass 1.5 billion reais (US$ 879 million) in sales next year, the company said in a statement. In 2009, Embraer had 949 million reais (US$ 556 million) in sales from its defense division.

The world’s fourth-largest aircraft-maker produces the light attack aircraft known as Super-Tucano and is developing a military transport, dubbed KC-390, that should have its first flight in 2014.

Embraer also manufactures jets for government personnel transport and for surveillance, mostly based on its commercial jet platforms.

Embraer is the only Brazilian company able to “put itself in the center of the chain” of the defense and security market, Curado said. “Occupying such a role would inevitably amplify our ability to export.”

Mercopress

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Lula, the Reluctant President

Lula does not look like a man about to assume power.  He looks as ...

Brazil’s Minister Wants End to Visa for Americans

Brazil’s Minister of Tourism, Walfrido Mares Guia, urged, yesterday, passage of a bill ending ...

Brazil Teaches the World How to Stop Smoking

The slogan “Smoking is a goal against your own side” was launched in Brazil by the ...

Brazil President in Cuba: He Who Has No Human Rights Problem, Cast the First Stone

During an interview today in Havana, Brazilian president Dilma Rousseff told reporters that the ...

With Lebanon and Morocco, 51 Countries Are Now Banning Brazil’s Beef

Ukraine sanitary authorities announced to the Brazilian embassy in Kiev (the country’s capital) that ...

Brazil Gets World’s Only International Poverty Center

Brazil is the site of the world’s only International Poverty Center. The idea is ...

Best-seller Books, Plays and Movies

By Brazzil Magazine RIO Buda (Buddha)—Comedy. Decided to get a man she loves, a ...

Brazil 101

Question: "Is Brazil all it’s cracked up to be?" By Philip Blazdell Dear Mr. ...

40 Years of Road and Brazil’s Ben Jor Is Still Fresh

Jorge Ben Jor needs little introduction ”“ the legendary singer/guitarist has been around the ...

Brazil and Argentina Take First Step to Eliminate Dollar in Mercosur Trade

Luiz Inácio Lula da Silva and Cristina Fernandez de Kirchner, presidents of Brazil and ...