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Search Results for: Embraer

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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Defense News: Airbus Wins Potential $2.3B Search & Rescue Aircraft Replacement Contract With Canada

Canada has selected Airbus-built C-295 to serve as the next fixed-wing search-and-rescue aircraft and replace the country’s fleet of aging C-130s and Buffalo planes under a potential $2.3 billion contract, Defense News reported Wednesday. David Pugliese writes Harjit Sajjan, Canada’s defense minister,  and Judy Foote, the country’s procurement officer, are set to …

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Former BRVANT CEO Rodrigo Kuntz Joins Drone USA as CTO

Rodrigo Kuntz, a 15-year aerospace industry veteran and former CEO at BRVANT Technologic Solutions, has joined Drone USA as chief technology officer of the New York-based unmanned aerial systems manufacturing company. He will lead Drone USA’s efforts to integrate its technological road map and business strategy as well as help the company identify business …

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Kelly Ortberg to Succeed Clay Jones as Rockwell Collins CEO

Kelly Ortberg, president of Rockwell Collins (NYSE: COL), has been appointed to succeed Clay Jones as chief executive, effective July 31. Jones has told the board of directors he plans to retire as CEO on that date but will continue to serve as non-executive chairman of the board, Rockwell Collins …

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Saab to Acquire Sensis Corp, Expand North American Presence Through Radars, Sensors, Defense Systems

Saab AB has a definitive agreement to acquire air traffic management solutions and surveillance technologies firm Sensis Corporation for approximately $155 million in cash. Sensis will continue its U.S. operations as a subsidiary of the Saab group. The acquisition is expected to decrease Saab’s earnings per share in 2011. It …

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