Lithuania Selects Embraer’s C-390 Millennium to Boost Military Readiness

Embraer SA ( (ERJ) ) has issued an announcement.

On June 18, 2025, Lithuania announced its decision to acquire Embraer’s C-390 Millennium transport aircraft to enhance its military readiness and interoperability with NATO allies. This strategic move includes industrial cooperation for maintenance, repair, and overhaul capabilities, and partnerships with knowledge institutes. The C-390 Millennium, known for its versatility and performance, aligns Lithuania with other European nations modernizing their air forces, thereby strengthening Embraer’s position in the defense sector.

The most recent analyst rating on (ERJ) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on Embraer SA stock, see the ERJ Stock Forecast page.

Spark’s Take on ERJ Stock

According to Spark, TipRanks’ AI Analyst, ERJ is a Outperform.

Embraer earns a strong overall score of 76 due to its robust financial performance, positive technical momentum, and optimistic earnings guidance. The company’s successful turnaround from past losses, coupled with record revenue and high backlogs, positions it well for future growth. Valuation appears slightly high, which could limit upside, and challenges such as U.S. tariffs and delivery issues warrant attention. Nevertheless, Embraer’s resilience and strategic positioning in the Aerospace & Defense industry underpin a positive outlook.

To see Spark’s full report on ERJ stock, click here.

More about Embraer SA

Embraer is a global aerospace company based in Brazil, specializing in the manufacturing of aircraft for commercial, executive, defense, and agricultural sectors. It also provides after-sales services and support through a global network. Founded in 1969, Embraer is a leading manufacturer of commercial jets up to 150 seats and is Brazil’s main exporter of high value-added goods.

Average Trading Volume: 1,531,954

Technical Sentiment Signal: Buy

Current Market Cap: $9.36B

See more insights into ERJ stock on TipRanks’ Stock Analysis page.