Search Results for: Embraer

Boeing-Embraer Partnership Gets Unconditional Clearance in Brazil; Marc Allen Quoted

Boeing (NYSE: BA) and Embraer have received unconditional approval for their strategic partnership from Brazil’s regulatory agency. The European Commission continues to review the partnership, which has secured unconditional clearances in the U.S., Japan, Montenegro, Kenya, Colombia, China and South Africa.

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Embraer Shareholders OK Partnership With Boeing

Shareholders of Embraer on Tuesday approved the company’s proposed strategic partnership with Boeing (NYSE: BA) during a meeting held in Brazil. Boeing said Tuesday shareholders owning 67 percent of Embraer’s outstanding shares participated in the meeting with 96.8 percent voted to approve the transaction. Embraer stockholders cleared the proposal to develop new markets for the KC-390 military …

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Boeing Vet Chris Raymond to Lead Embraer Integration

Chris Raymond, vice president and general manager of autonomous systems at Boeing’s (NYSE: BA) defense, space and security business, will lead the integration of Embraer’s engineering operations and products with those of the Chicago-based company, the Puget Sound Business Journal reported Saturday. Greg Smith, Boeing’s chief financial officer, announced Raymond’s appointment …

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Report: Boeing Amenable to Keeping Brazil’s ‘Golden Share’ in Embraer to Advance Tie-Up Talks

Boeing (NYSE: BA) intends to maintain the Brazilian government’s “golden share” in aerospace conglomerate Embraer in a push to address the Brazilian military’s concerns over a potential combination between the two aerospace companies, Reuters reported Friday. The “golden share” allows the South American country to exercise veto power over changes …

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Report: Boeing, Embraer Discussions Raise Questions on Brazilian Firm’s Ownership

Talks of a potential combination between Chicago-based Boeing (NYSE: BA) and Embraer have not addressed questions such as the possibility of a joint venture and control over the Brazil-based aircraft manufacturer, Reuters reported Tuesday. Sources told Reuters that a potential JV might not be an effective measure to meet Boeing’s interest …

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Boeing, Embraer Begin Merger Talks

Boeing (NYSE: BA) and aerospace conglomerate Embraer are in talks over a “possible combination.” Brazil-based Embraer said Thursday any deal that would emerge from the discussions would need to be approved by Embraer shareholders, both firms’ boards of directors, the Brazilian government and other regulatory authorities. Embraer added there is …

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Rockwell Collins Snags Embraer Award to Supply Pro Line Fusion System

Rockwell Collins has won an award from Brazilian-based aerospace company Embraer Defense and Security to provide its Pro Line Fusion flight deck for the KC-390 tanker/transport aircraft. The Brazilian Air Force has committed to purchasing 28 KC-390 aircraft. Dave Nieuwsma, vice president and general manager of Mobility and Rotary Wing …

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