What Happened
Brazilian Planemaker Seeks Government-To-Government Procurements
Brazilian planemaker Embraer is eyeing new defense deals in the Middle East after securing a landmark order for C-390 military planes from the United Arab Emirates. The company’s defense chief, Bosco da Costa Junior, said the deal positions Embraer for more sales to UAE allies and highlights the potential for government-to-government procurements. Embraer estimates global demand for 400 to 480 military cargo aircraft over the next 20 years, driven by the need to replace aging fleets. This development was first reported by Reuters.