Stock Groups

Embraer and Fokker join up for defense, development and support opportunities By Reuters

by Mike Robinson

[ad_1]

2/2
© Reuters. FILE PHOTO – The Embraer SA logo is displayed at Brazilian planemaker Embraer SA’s Sao Jose dos Campos headquarters, Brazil on February 28, 2018. REUTERS/Roosevelt Cassio/File Photo

2/2

BRASILIA (Reuters) – Brazilian planemaker Embraer SA Dutch aerospace companies and the (NYSE: ) company signed an agreement Monday in order to examine opportunities in defence and commercial aviation including possible new configurations for C-390, its military transport plane.

Embraer stated in a statement that the partnership with Fokker Techniek (Fokker Services) will open up opportunities for engineering support and logistics, as well as the development of hydrogen-powered airplanes.

Embraer ranks third among the largest commercial plane manufacturers in the world.

“There is huge potential for both companies in the development of opportunities together,” said Jackson Schneider, chief executive officer of Embraer Defense & Security.

He said, “This is an important step in Embraer’s strategy to create meaningful and strategic partnership around the world,” at Woensdrecht’s signing ceremony.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information, including buy/sell signal data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]