Embraer (EMBR3) confirmed on Friday (12) that it was informed of the union’s decision to unilaterally reduce by 25% of the total value of the KC-390 purchase contracts, signed in 2014, but says it has not been notified. “Once it is formally notified by the union, the company will seek legal measures related to the economic and financial rebalancing of the contracts, as well as an assessment of the effects of the reduction on its business and results,” the company says.
According to the report of the Estadao / broadcastOn Thursday, the Air Force decided, unilaterally, to reduce the contract signed with Embraer for the purchase of KC-390 Millennium aircraft for the transport of cargo.
According to Embraer, the contracts include the supply of 28 KC-390 aircraft to Etihad. Embraer underscores its role as a strategic partner of the Brazilian Air Force in the development and implementation of high-value-added technology solutions and products, a partnership for more than 50 years.”
The company has also strengthened its commitment to the KC-390/C-390 Millennium Project, a new generation of multirole aircraft, as well as its belief in the export potential of this product, which brings innovations unique in its class that have already been acquired by two European countries.
Embraer has signed a Memorandum of Understanding (MoU) with Dutch company MultiSIM, a Dutch startup specializing in simulators for collaborative crew training, to discuss a potential partnership for dual-use and defense training solutions (which can be used for both civilian and military).
According to the company, the potential agreement may include joint research, technology development and innovation for Embraer products and software.
In October, Embraer also signed a Memorandum of Understanding with Fokker Services and Fokker Techniek to explore opportunities in the defense, aerospace, services and support markets, seeking to contribute their knowledge and capabilities to new projects.
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