Last $38.28 USD
Change Today +0.13 / 0.34%
Volume 778.3K
ERJ On Other Exchanges
Symbol
Exchange
Sao Paulo
New York
Mexico
Frankfurt
As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

embraer sa-adr (ERJ) Key Developments

Embraer to Partner with Saab in Joint Programme Management for Brazil's F-X2 Project

Embraer and Saab have signed a Memorandum of Understanding to partner in joint programme management for the F-X2 Project, pursuant to the selection of the Gripen NG as Brazil's next generation fighter jet. Under this agreement, Embraer will perform a role in the overall programme performance as well as undertake an extensive share of work in the production and delivery of both the single and two-seat versions of Gripen NG aircraft for the Brazilian Air Force. Embraer will coordinate all development and production activities in Brazil on behalf of Saab and, in addition to its own extensive work packages, will participate in systems development, integration, flight tests, final assembly and deliveries. Furthermore, Embraer and Saab will be jointly responsible for the complete development of the two-seat version of the Gripen NG, at the same time that a strategic partnership for future global promotion and marketing of both single and two-seat versions is being discussed between the two companies. The agreement will be implemented following a successful conclusion of the ongoing discussions between Saab and Brazil relating to the finalization of F-X2 contracts.

Embraer SA, Board Meeting, Jun 10, 2014

Embraer SA, Board Meeting, Jun 10, 2014.

Embraer Cuts 83 Jobs at Nashville Site

Embraer has eliminated 83 of the 560 positions at its Nashville jetliner maintenance facility, laying off 60 workers and giving 23 others voluntary buyouts.

Embraer SA Opens Final Assembly Hangar for KC-390

Embraer S.A. announced that it has opened the final assembly line of the KC-390 military transport at Embraer's plant in Gaviao Peixoto, Sao Paulo. Embraer and the Brazilian Air Force signed the series production contract of the KC-390, marking the beginning of a new phase of the project, which began to be developed in 2009. The contract provides for the purchase of 28 aircraft over a period of ten years, with the first delivery scheduled for the end of 2016. Besides the aircraft, the contract provides for supplying a logistical support package, which includes spare parts and maintenance. The contract still depends on complementary documentation in order to go into effect, which is expected to occur within 90 days. The KC-390 is a joint project of the Brazilian Air Force with Embraer to develop and produce a tactical military transport and aerial refueling airplane that is a significant advance in terms of technology and innovation for the Brazilian aeronautics industry. The airplane will be produced at the Gaviao Peixoto industrial plant, in outstate Sao Paulo, in facilities including more than 30,000 square meters of hangars, where the first prototype is already in the structural assembly phase. Final assembly is planned to begin in June 2014.

Embraer SA Presents at Drexel Hamilton Aerospace and Defense Conference, Jun-12-2014

Embraer SA Presents at Drexel Hamilton Aerospace and Defense Conference, Jun-12-2014 . Venue: Westin New York Times Square Hotel, 270 W 43rd Street, New York, NY 10036, United States. Speakers: Christopher Thornsberry, Director of IR.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ERJ:US $38.28 USD +0.13

ERJ Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dassault Aviation SA €1,180 EUR +37.00
United Aircraft Corp JSC 0.12 RUB 0.00
Korea Aerospace Industries Ltd 32,700 KRW +400.00
Saab AB kr200.40 SEK +1.10
Spirit AeroSystems Holdings Inc $33.63 USD +0.06
View Industry Companies
 

Industry Analysis

ERJ

Industry Average

Valuation ERJ Industry Range
Price/Earnings 4.1x
Price/Sales 0.3x
Price/Book 0.5x
Price/Cash Flow 16.6x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EMBRAER SA-ADR, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.