This selection may indicate a shift in European defense procurement towards non-traditional suppliers. Embraer's C-390 could gain further traction in the region, suggesting a potential expansion of its market share in military airlift, which could impact traditional players like Lockheed Martin.
Athens Selects Brazilian Airlifter For Military Transport Needs
Greece has chosen the Embraer C-390 airlifter as the replacement for its aging Lockheed C-130 Hercules fleet. The decision involves the acquisition of three C-390 aircraft through an intergovernmental contract with Portugal, with Athens allocating €600 million for the purchase. This move is significant for Embraer, marking a major win in the European defense market. The selection was reported by Aviation Week.
This selection may indicate a shift in European defense procurement towards non-traditional suppliers. Embraer's C-390 could gain further traction in the region, suggesting a potential expansion of its market share in military airlift, which could impact traditional players like Lockheed Martin.
Athens Selects Brazilian Airlifter For Military Transport Needs
Greece has chosen the Embraer C-390 airlifter as the replacement for its aging Lockheed C-130 Hercules fleet. The decision involves the acquisition of three C-390 aircraft through an intergovernmental contract with Portugal, with Athens allocating €600 million for the purchase. This move is significant for Embraer, marking a major win in the European defense market. The selection was reported by Aviation Week.