An announcement from Embraer SA ( (ERJ) ) is now available.
On April 2, 2024, Embraer announced at the LAAD Defence & Security event that Panama’s National Air and Naval Service has selected the Super Tucano aircraft as its new surveillance and protection platform. This decision marks Panama as the eighth Latin American country to adopt the Super Tucano, joining nations like Brazil and Chile. The aircraft’s selection is part of Panama’s efforts to enhance its national security and operational capacity, highlighting the Super Tucano’s reputation for reliability and cost-effectiveness in various missions.
More about Embraer SA
Embraer is a global aerospace company headquartered in Brazil, involved in Commercial and Executive Aviation, Defense and Security, and Agricultural Aviation. The company designs, develops, manufactures, and markets aircraft and systems, providing comprehensive after-sales services and support. Since its founding in 1969, Embraer has delivered over 9,000 aircraft and is the leading manufacturer of commercial jets with up to 150 seats, as well as the top exporter of high-value-added goods in Brazil.
YTD Price Performance: 22.30%
Average Trading Volume: 1,768,626
Technical Sentiment Signal: Sell
Current Market Cap: $8.5B
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