By Gabriel Araujo
(Reuters) – Brazilian planemaker Embraer’s protection device is preparing to open up a workplace in Europe, as sales of its C-390 Millennium army freight airplane gain rate in the area.
The Czech Republic, Austria, the Netherlands and Sweden have actually all just recently relocated to buy the airplane, signing up with existing drivers Portugal and Hungary and highlighting solid energy for the C-390 in Europe.
“We are interested in opening an Embraer Defense & Security office in Europe, which would very likely be in Portugal,” protection device Chief Executive Bosco da Costa Junior informed Reuters in a meeting on Sunday.
Portugal was the very first European and NATO nation to position an order for the C-390, in 2019, and obtained its very first airplane in 2015. It is additionally anticipated to quickly fill up orders for Embraer’s light assault competitor, the A-29 Super Tucano.
The Brazilian planemaker had previously this year called the European Union as a vital market offer for sale of the C-390, together with India, Saudi Arabia and the United States.
The newest nation to pick the airplane for its fleet was Sweden, which claimed on Saturday it would certainly open up settlements for the C-390 to change its aging fleet of Lockheed Martin’s C-130 Hercules turboprops.
“This office’s goal is to make Embraer Defense & Security a European player. We want it to have all the security clearances required by NATO,” Costa claimed.
Expanding its visibility abroad with even more sales of the C-390 has actually been a vital objective of Embraer’s protection department, consisting of obtaining much more orders from NATO countries.
“We want to invest in Europe. We want a seat at the table. There is a lot of European content in our aircraft, and with new setups we have been increasing the European content,” Costa claimed.
“It’s a very strategic and well-considered step aimed at making Embraer Defense & Security increasingly NATO and European.”
Europe stands for 14% of the C-390’s complete addressable market, according to BTG Pactual experts, behind just Asia-Pacific (34%) and the Middle East (32%).
(Reporting by Gabriel Araujo in Rehoboth Beach, Delaware; modifying by Jonathan Oatis)
