Embraer, Boeing to Partner on KC-390 Military Transport Jet

Brazil's leading planemaker Embraer (IW 1000/644) and the U.S. behemoth Boeing (IW 500/15) on Tuesday agreed to share technical know-how and market analysis to spur development of Embraer's KC-390 military aircraft. Luiz Carlos Aguiar, chief executive officer of Embraer's defense and security unit, and Dennis Muilemburg, CEO of Boeing Defense, Space and Security, signed a deal for collaboration on Brazil's medium-lift military transport aircraft. Aguiar said Embraer hopes to capitalize on Boeing's vast knowledge of the global military transport market, including its experience in developing the Boeing C-17. "Boeing has extensive experience in military transport and air refueling aircraft, as well as deep knowledge of potential markets for the KC-390," he told a press conference. Muilenburg said the C-17, a large military transport aircraft used by air forces of several countries, and the KC-390 were "a natural fit." "Our goal is to look for new opportunities to expand the market for the KC-390 and make it as successful globally as the C-17 has been," he added. The collaboration between two of the world's leading aviation firms will take the form of technical information sharing and joint analysis of market prospects for the KC-390. "It will be a partnership of equals that does not involve remuneration, with both sides putting in resources," Aguiar said.

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Source: http://www.industryweek.com/ReadArticle.aspx?ArticleID=27699

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