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Embraer will showcase its latest products at Gadlex 2023 in South Korea

By · September 6, 2023 · 2 min read

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Embraer will showcase its latest products at the Gadlex 2023 Gumi, South Korea event. The show runs from September 6-8.

It focuses on commercial aviation, defense, and urban air travel. The company has signed a recent Memorandum of Understanding (MoU).

This MoU aims to boost cooperation in South Korea’s aviation sectors. It covers promotion, advice, and project opportunities.

“We are honored to join Gadlex 2023,” said Raúl Villarón, the Sales and Marketing VP.

Villarón also leads Embraer’s Commercial Aviation in the Asia-Pacific. He added, “Embraer has a strong reputation for quality products.

Embraer will showcase its latest products at Gadlex 2023 in South Korea. (Photo Internet reproduction)
Embraer will showcase its latest products at Gadlex 2023 in South Korea. (Photo Internet reproduction)
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Over 20 years, we’ve delivered 21 different types of aircraft. We want to build strong ties with the South Korean aviation community.”

He also stated that half of the firm’s 2022 revenue came from recent innovations.

In South Korea, Embraer’s focus is the KC-390 Millennium. In October 2022, the company made several MoUs with local aerospace firms.

These include ASTG, EMK, and Kencoa Aerospace. The MoUs aim to help produce the KC-390 Millennium.

South Korea has set aside US$493 million for a new aircraft program. They plan to replace 12 older planes by 2026. Embraer’s KC-390 is in the running.

The Brazilian Air Force was the first to order the KC-390. Other orders have come from Hungary, the Netherlands, and Portugal.

Last May, Embraer signed a deal with Germany’s Aerodata AG. This was for the sale of a Praetor 600 jet.

After some changes, South Korea’s Ministry of Land will operate the jet.

The Seoul Regional Aviation Office and a local flight center will also involve the Seoul Regional Aviation Office.

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
$53.97
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 16 Aug 2026More company intelligence →

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