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Thursday, February 28, 2013

Embraer in US military aircraft contract win

A-29 Super Tucano |Embraer and a US partner have won a politically sensitive military tender to provide the US Air Force with 20 attack aircraft, ending a bidding process that had sparked tensions between Brasília and Washington.

The US Air Force said on Wednesday that it would award a contract valued at an initial $427.5m to Sierra Nevada Corporation and the Brazilian aerospace company.

The contract is Embraer’s first big deal of its type with the US Air Force and will serve as a vote of confidence in its burgeoning defence division.

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