Embraer concludes contract for the sale of units in Portugal àernnova
Embraer and Aernnova today concluded the partnership agreement announced at the beginning of 2022. In this way, Aernnova now holds all the shares of Embraer Metálicas and Embraer Compósitos, in an investment totaling approximately US$ 174 million.
To increase Embraer’s productivity, this partnership is one more opportunity or more efficient for the production capacity of two units, since in addition to providing components to increase commercial production, it increases and increases the company’s production capacity. other global aircraft manufacturers.
That means more jobs in this inland region of Portugal, as well as potential export growth. In this way, the factory also contributes as a factory to increase the production capacity of the Alentejo region and guarantees a reference position in the Aeronautical Cluster of Portugal.
The agreement is also in line with Aernnova’s growth strategy, which further reinforces the company’s status as a global leader in aerostructure design and production, and aims to increase the production capacity of the centers of excellence in Évora, whose strategic importance for Embraer’s current and future products.
With 500 employees, such as units in Évorau, family planes, among others, components for planes and vertical and horizontal planes for aeronautical programs, planes and vertical planes, such as two executive aircraft, planes, planes, planes, planes, planes , planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes, planes , planes, planes, planes, planes, planes, planes, planes, planes, planes, planes. KC-390 Millennium multi-mission. The industrial industries in Portugal will be Aern’s largest new productive centers in the world.
Strengthening Aernnova’s position as a premier supplier for single-aisle aircraft, advancing the company’s position in the defense and business aircraft markets. Activities at the Évora industrial facilities are about US$170 million (€157 million) in revenue for Aernnova. The capacity of industrial units may also allow the signing of new contracts, with Embraer or with other manufacturers.
Embraer maintains its strategic commitment to Portugal, the country where, outside Brazil, it invests the most in industrial capacity. An example of this is the recently announced investment of 74 million euros in OGMA to bring to Portugal the maintenance of Pratt & Whitney’s GTF engines, used by the new generation of commercial aircraft. This agreement will create 300 jobs and could triple the annual volume of 600 million euros.
But it is not only in industrial units that Embraer has concentrated its new investments in Portugal. In March, a technological development cooperation project was launched with the signing of a Memorandum of Understanding with IDD Portugal Defense and ETI. This new partnership aims to develop Defense and dual-use products in areas related to training and simulation technologies, more specifically with Virtual Reality, Augmented Reality, Mixed Reality and Data Analysis.
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