From systems integrator to multi-domain solutions provider (video)
Philipp von Brandenstein, Head of Corporate Communications at Rheinmetall, explains how Eurosatory 2026 marked a new stage in the company's evolution.
Embraer sees shares soar amid talk of deal with Boeing
Shares in the Brazil aircraft manufacturer Embraer soared on 4 July on the back of speculation that a deal to create a new company with US plane-maker Boeing was in the offing.
Embraer stock was up 4.77% at midday of 4 July on the Sao Paulo stock exchange after peaking at a 6% rise earlier in the day.
On 3 July, shares in the flagship company of Brazilian industry had already closed up 5.1%.
The daily Folha de S. Paulo said on the 4 July that the government had agreed in principle on the proposed tie-up – which media reports say would leave Boeing as the majority partner in a new company – but had yet to make an official announcement.
It said an official deal would be announced in the coming days.
According to the economic daily Valor earlier in the week of 2 June, Embraer would keep sole control of its military activities under the agreement and would merge its civilian aircraft building with the US giant.
Embraer, the third largest aircraft manufacturer in the world, was founded as a state group in 1969 before being privatised in 1994, although the Brazilian government retained the right to make strategic decisions for the company.
Folha said the two manufacturers would create a third company, in which Boeing would have an 80% controlling stake and Embraer 20%.
Embraer, with a $6 billion turnover and 16,000 employees, confirmed to AFP on 2 June that they were in ‘advanced negotiations’ with Boeing.
Taking charge of Embraer’s civilian airliner business would allow Boeing to compete more effectively in the medium-range aircraft market with Airbus, which formed a strategic partnership with Canadian manufacturer Bombardier in October 2017.
You may also like
More from Defence Notes
-
![From systems integrator to multi-domain solutions provider (video)]()
-
![US Pentagon pushes for major reform of defence acquisition system]()
US Pentagon pushes for major reform of defence acquisition system
The US Department of Defense has requested new contracting authorities from Congress, using the Army's MV-75 Cheyenne programme to demonstrate how competition, digital engineering and closer industry collaboration could accelerate acquisitions.
-
![US speeds up B61-13 nuclear bomb production as programme moves further ahead of schedule]()
US speeds up B61-13 nuclear bomb production as programme moves further ahead of schedule
The US government plans to accelerate production even further after achieving key B61-13 milestones months ahead of schedule, as the programme advances amid growing US-China strategic competition.
-
![Canada’s C$2 billion ACSV deal reinforces new defence industrial strategy as allies align]()
Canada’s C$2 billion ACSV deal reinforces new defence industrial strategy as allies align
General Dynamics Land Systems-Canada is the country’s first strategic partner under the Defence Industrial Strategy’s Strategic Partnership Framework, an effort to provide companies with confidence to invest and boost the defence labour force.
-
![New UK armed forces minister frames High North defence as vital to “homeland security”]()
New UK armed forces minister frames High North defence as vital to “homeland security”
The UK’s Minister for the Armed Forces Louise Sandher-Jones made her first appearance in the role before the House of Commons Defence Committee this week to highlight efforts to improve capability in the High North.
-
![Canada seeks to strengthen industrial ties with the US on classified programmes]()
Canada seeks to strengthen industrial ties with the US on classified programmes
Ottawa explores expanding defence-industrial cooperation with Washington into sensitive programmes, an approach that could reshape NORAD modernisation, strengthen North American supply chains and create new opportunities for defence contractors.
