As a result of the conversations held between the Brazilian and the Argentine Defense Ministries, the ministers Nelson Jobim and Nilda Garré signed, this week, a Declaration of Intent regarding the South American neighbor’s participation in the development program of the KC-390 military transport jet. The agreement marks the beginning of negotiations for the involvement of Fábrica Argentina de Aviões “Brig. San Martín” S.A. – FAdeA in the manufacture of the new airplane, as well as the future acquisition of six KC-390 aircraft by the Argentine government.
“This is another strong demonstration of interest for the KC-390, which proves this product meets the military transportation market requirements,” said Orlando José Ferreira Neto, Embraer Executive Vice President, Defense Market. “Therefore, it is a great pleasure to see Argentina following this path, thus reinforcing the technological integration of South America’s defense segment.”
This is Embraer’s fifth announcement of negotiations regarding international partnerships for the KC-390 program since August. Chile, Colombia, Portugal, and the Czech Republic have already begun discussions to establish the conditions for their participation in the development and production of the new military transport jet. In July, the Brazilian Air Force (Força Aérea Brasileira – FAB) revealed its intention to acquire 28 of the jets. With Argentina joining the negotiations, this could result in the aggregated sale of 60 KC-390 airplanes to the air forces of these six countries.
Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, China, France, Portugal, Singapore, and the United States. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the commercial aviation, executive aviation, and defense segments. The Company also provides after sales support and services to customers worldwide. On September 30, 2010, Embraer (embraer.com) had a workforce of 17,009 employees – not counting the employees of its partly owned subsidiaries – and its firm order backlog totaled US$ 15.3 billion.
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