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Wed, Dec 15, 2010

Embraer Creates Corporate Unit Dedicated To Defense, Security Market

Focus Will Be Brazil's Role In Global Geopolitics

Brazilian planemaker Embraer has created 'Embraer Defense and Security', which the company says is an important step in consolidating the its central position in the process of strengthening Brazil's defense and security industry.

"Brazil has a growing relevant role on the global geopolitical scenario and has established a long-term vision for strengthening its defense industry," said Frederico Fleury Curado, Embraer President & CEO. "Embraer, with its technological-industrial capabilities and 40 years of experience in defense programs, both in Brazil and abroad, is fully committed to support the Brazilian Government in ensuring the advanced technological base the Country needs."

Embraer's current CFO, Luiz Carlos Aguiar, will be the President of Embraer Defense and Security. "Embraer's defense and security business, whose income will surpass R$ 1.5 billion in 2011, and will be strengthened over the coming years, not only in terms of meeting Brazil's requirements, but also with respect to exports. We will expand and improve our capabilities through this new corporate configuration," Luiz Carlos Aguiar stated.

At the present time, there are more than 30 defense forces, worldwide, that operate with Embraer products and systems. In recent years, Embraer has significantly invested in state-of-the-art technologies for the defense sector, not only related to aircraft and airborne systems, but also to integrated solutions for other applications, such as Communication, Computer, Command, Control and Intelligence (C4I), and training.

FMI: www.embraer.com

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