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Embraer reports sharp rise in defence sales

Hakan

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Embraer reports sharp rise in defence sales

supertucano-fag.jpg

(Ebraer's Super Tucano A29)

Embraer Defense & Security reported on 30 April that its revenue for the first quarter (Q1) of the year increased 57% to USD394.3 million.

The wider group's Executive Jet business grew 52% for the quarter, sending overall revenue up 14% to USD1.24 billion.

In Defense & Security, the Brazilian company made progress on initiatives in Brazilian and international markets with a diverse range of activities, according to the release.

Key Defense & Security programme achievements included: start of Super Tucano aircraft assembly in Jacksonville, Florida, for the US Air Force Light Air Support (LAS); modernisation of the second aircraft within the Brazilian Air Force (FAB) A-1M programme; installation of the SAGITARIO air traffic control system (ATC); progress on FAB F-5 fighter jet modernisation; and continued development of the KC-390 transport and Integrated Border Monitoring System (SISFRON).

Embraer reports sharp rise in defence sales - IHS Jane's 360
 
Pakistan should welcome GCC and other Middle Eastern countries should be looking to jointly develop Platius like Aircraft on their own with some help from China and EU countries. Also developing 3 types of Single engine aircraft similar to Cessna type aircraft need for training and small transport aircraft.

Also then they can develop 3 Bigger transport ones like:
Beech Type Aircraft
Saab-340 Type Aircraft
Saab-2000 Type Aircraft
 
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