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Uruguayan Air Force Expands Fleet with Embraer’s A-29 Super Tucano
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Uruguayan Air Force Expands Fleet with Embraer’s A-29 Super Tucano

Story Highlights
  • Embraer announced a significant deal with the Uruguayan Air Force for five A-29 aircraft.
  • This expansion enhances Uruguay’s defense capabilities and strengthens Embraer’s market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Embraer SA ( (ERJ) ).

On January 14, 2025, Embraer announced that the Uruguayan Air Force has converted options for five A-29 Super Tucano aircraft into firm orders as part of a fleet renewal program. This deal enhances Uruguay’s air defense capabilities and marks a significant strategic expansion for Embraer in South America, further strengthening its global market position with a growing number of operators choosing the versatile A-29 Super Tucano for various military missions.

More about Embraer SA

Embraer is a global aerospace company headquartered in Brazil, manufacturing aircraft for commercial, executive aviation, defense and security, and agricultural sectors. It is the leading manufacturer of commercial jets up to 150 seats and a major exporter of high value-added goods in Brazil, with a global presence through various industrial units, offices, and service centers.

YTD Price Performance: -1.66%

Average Trading Volume: 1,060,599

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $6.9B

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

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