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Saturday, September 26, 2026

Angola Defense Monitor

Brazil’s Embraer Eyes Austrian Air Force Deal with C-390 Plane

By · September 19, 2023 · 2 min read

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Brazilian firm Embraer is pitching its faster, more versatile C-390 Millennium to replace Austria’s aging Lockheed C-130 aircraft.

One key feature is its adaptability. The plane can quickly switch roles, like fighting wildfires. It comes equipped with the newest Maffs II system for this purpose.

Earlier this year, Austrian representatives joined the C-390 User Group in Portugal. They visited Rio de Janeiro for the LAAD trade show the next month.

There, talks of a potential deal with Embraer emerged.

Brazil's Embraer Eyes Austrian Air Force Deal with C-390 Plane.
Brazil’s Embraer Eyes Austrian Air Force Deal with C-390 Plane.
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The Austrian Air Force may buy four to five new planes. If so, Austria will join other European NATO countries already using the .

These planes serve in transport, medical rescue, and even aerial refueling.

 

Defense Minister Klaudia Tanner is expected to confirm the plane purchase in September.

Recently, the C-390 received its Final Type Certificate. This means it meets all Brazilian Air Force requirements and can perform its designed missions.

Background

This possible deal holds significant weight for Embraer. First, it could boost the company’s reputation on a global scale.

Next, it opens up new market possibilities, not just within Austria but also in other NATO countries.

This is especially true if Austria finds the planes meet its diverse operational needs.

Moreover, the C-390’s versatility could set a new standard. Its quick adaptability for various missions is a strong selling point.

This is particularly vital in unpredictable scenarios like natural disasters.

On the flip side, challenges may arise. Competition is fierce in the military aircraft market. Rivals like Lockheed could respond with newer, more advanced models.

However, Embraer’s chances look good. The C-390’s recent operational certification gives it a credibility boost.

In summary, the Austrian deal could be a game-changer for Embraer. It could set the stage for greater market expansion and tech innovation in the military aircraft industry.

Live Company IntelligenceEmbraer SA ADR — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
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Embraer
NYSE: ERJEMBJ3IndustrialsAerospace & Defense20,923 employees
$12.33B
Market cap
Analyst target $68.50

Wall Street view

3.9Moderate Buy/ 5
10 Buy3 Hold1 Sell
Avg. price target $68.50  ·  +30% vs 200-day

Valuation & profitability

Market cap$12.33B
Revenue (TTM)$39.80B
P / E ratio37.7
Profit margin5.4%
Return on equity11.3%

Price & risk

52-wk low
$55.56
52-wk high
$66.87
Beta (volatility)0.92
200-day average$52.79

Revenue trend · 6y

20192024
Latest $6.39B

Ownership

Institutions46.0%
Shares outstanding183M
Top holderGQG Partners LLC
Institutional holders5+ funds

Dividend

Yield0.1%
Payout ratio31.0%
Fwd. annual$0.05
What Embraer does. Embraer S.A., together with its subsidiaries, designs, develops, manufactures, and sells aircraft and systems worldwide. It operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment develops, produces, and sells commercial jets. Its Defense & Security segment develops and produces military aircraft and…
Data: RT fundamentals (ERJ.US) · figures in USD · as of 25 Sep 2026More company intelligence →

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