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Super Tucano helps Embraer's Q3 defence results

29 October 2017

Embraer has recorded USD681 million in net revenues for its defence and security business division in the first nine months of 2017, helped by the sale of six EMB-314 Super Tucano A-29 light-attack aircraft each to two customers.

In the third quarter (Q3) the defence division received revenues of USD190 million, down USD26 million year-on-year. Embraer forecasts it will earn total net revenues of some USD800–900 million for defence sales in 2017, it revealed in its 27 October results statement.

It was announced in October that both Embraer and partner Sierra Nevada had received a contract from the US Air Force for six more Super Tucano aircraft for Afghanistan, and an undisclosed customer had committed to purchasing a further six aircraft.

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