Farnborough, UK – July 19, 2022– Embraer [B3: EMBR3, NYSE: ERJ] and BAE Systems today have announced at the Farnborough Airshow the signature of two memorandums of understanding (MoUs), which expand the footprint of both companies in the global defense market, by setting out the basis for a collaborative relationship.
The first MoU aims to establish a strategic partnership between BAE Systems and Embraer to collaborate in Middle Eastern markets for C-390, with an initial focus on the Kingdom of Saudi Arabia. The second MoU confirms an intent to create a joint venture to develop a defense variant of Eve’s electrical vertical take-off and landing (eVTOL) vehicle.
The C-390 Millennium and its air-to-air refueling configuration, the KC-390, are the new generation of multi-role military transport aircraft already delivering unrivaled mobility and cargo capacity, rapid re-configurability, high availability, improved comfort, and flight safety, as well as reduced operational costs through its life cycle—all in a single platform.
“The MoU for the C-390 Millennium draws on the collective strengths of two leading aerospace players, BAE Systems and Embraer. The aircraft brings a new concept to market, offering a versatile and multi-mission platform with very low operating costs and fast turnaround, which is an unbeatable combination,” said Jackson Schneider, President and CEO, Embraer Defense & Security.
Ian Muldowney, Chief Operating Officer for BAE Systems Air sector said, “This collaboration recognizes the capability of the C-390 Millennium aircraft combined with BAE Systems’ extensive knowledge and understanding of international markets including experience in standing up military capability and delivering industrialization through the support, maintenance, and training solutions for complex aircraft.”
For the eVTOL collaboration, the companies intend to create a joint venture that will bring together the complementary skills of Embraer and BAE Systems to pursue the potential development of a defense variant, with Eve being the platform provider.
“Teams from BAE Systems and Embraer will continue working together to explore how the aircraft, designed for the urban mobility market, can provide cost-effective, sustainable, and adaptable capability as a defense variant,” explained Schneider.
“Our customers’ operating environment is increasingly complex and eVTOL is just one example of how we’re looking at emerging technologies, including those from the commercial market. We are exploring how we can adapt these solutions to bring vital operational capability to our customers quickly and at a lower cost – whilst also supporting environmental and sustainability goals” Ian Muldowney continued.
In December 2021, BAE Systems and Embraer revealed plans to work together on the development of the Eve eVTOL aircraft as a potential defense variant. This latest announcement demonstrates how the collaboration is expanding to harness the collective expertise of the two leading aerospace and defense organizations.
Photo courtesy Embraer