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Embraer SA engages in the design, manufacture, and sale of aircraft and its parts for commercial, defense, and executive aviation sectors. It operates through the following segments: Commercial Aviation, Defense and Security, Executive Aviation, and Others. Read More The Commercial Aviation segment is involved in the development, production, and sale of commercial jets; and the provision of support services to regional aviation and aircraft leasing. The Defense and Security segment engages in research, development, production, modification, and support for defense and security aircrafts, as well as other integrated products and solutions including satellites and information and communication systems. The Executive Aviation segment deals with the development, manufacture, and sale of executive jets. The Others segment refers to the supply of structural parts and hydraulic systems and the production of agricultural sprayers. The company was founded by Ozires Silva on August 19, 1969 and is headquartered in Sao Jose dos Campos, Brazil.
São José dos Campos, Sao Paulo
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The Motley Fool9h
Embraer Stock Can Keep Rising Despite Q4 Loss
Last week, Embraer (NYSE:ERJ) reported a larger-than-expected loss for the fourth quarter of 2018. The company's adjusted net loss came in at $6.6 million for the quarter, bringing its full-year adjusted net loss to $54.2 million.
Deals of the day-Mergers and acquisitions
March 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday: ** Columbia Pacific Management’s Asian hospital business has drawn interest from global private equity players, including KKR, CVC and Carlyle, in a sale the U.S. investment company has pegged at about $2 billion, sources with knowledge of the matter said. ** The chief executive of Brazilian planemaker Embraer SA will step down next month, the company said, as it prepares to cede control of i...
Seeking AlphaMar 18
Embraer CEO to step down April 22 upon shareholder approval of Boeing deal
Embraer (NYSE:ERJ) says CEO Paulo Cesar Silva will step down on April 22 and a new CEO will be announced by that date, as the Brazilian firm prepares to give up control of its commercial aviation division to Boeing.
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