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Sweden Acquires Four C-390 Millennium Aircraft from Embraer

Story Highlights
  • Sweden confirmed the acquisition of four C-390 Millennium aircraft from Embraer on April 1, 2025.
  • The acquisition enhances Sweden’s defense capabilities with next-generation, NATO-interoperable aircraft.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sweden Acquires Four C-390 Millennium Aircraft from Embraer

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

On April 1, 2025, Sweden confirmed its acquisition of four C-390 Millennium aircraft from Embraer, securing production slots during the LAAD Defence & Security 2025 event. This commitment marks a significant enhancement in Sweden’s defense capabilities, aligning with the country’s strategy to modernize its air force with next-generation, NATO-interoperable aircraft. The C-390 Millennium, known for its versatility and operational efficiency, has been acquired by several countries and has demonstrated high mission capability and completion rates since its introduction.

More about Embraer SA

Embraer is a global aerospace company headquartered in Brazil, specializing in the manufacture of aircraft for commercial, executive aviation, defense and security, and agricultural sectors. It also provides after-sales services and support through a worldwide 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, with operations across the Americas, Africa, Asia, and Europe.

YTD Price Performance: 21.93%

Average Trading Volume: 1,759,055

Technical Sentiment Signal: Sell

Current Market Cap: $8.47B

For an in-depth examination of ERJ stock, go to TipRanks’ Stock Analysis page.

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