Trump announces trade deal with EU following months of negotiations
Embraer S.A. (NYSE: ERJ), the Brazilian aerospace conglomerate, has secured an order from Sweden for four C-390 Millennium multi-mission aircraft. This development follows Sweden’s recent involvement in the C-390 Millennium program alongside the Netherlands and Austria. The company’s stock has shown remarkable performance, with an 80% return over the past year and revenue growth of 35.7%. According to InvestingPro analysis, Embraer maintains a "GOOD" overall financial health score, positioning it well in the aerospace sector.
The announcement was made during the LAAD Defence & Security 2025 event, with Peter Sandwall, State Secretary to Sweden’s Minister for Defence, and Bosco da Costa Junior, president and CEO of Embraer Defense & Security, in attendance. Sweden’s decision to join the program marks a significant milestone in modernizing its air force capabilities.
According to Peter Sandwall, the C-390 Millennium’s versatility and NATO interoperability will substantially upgrade Sweden’s defense operations. Bosco da Costa Junior highlighted the aircraft’s role in enhancing Sweden’s military transport efficiency and leveraging European synergies.
The C-390 Millennium is acclaimed for its versatility, reliability, operational efficiency, and cost-effectiveness. It has been selected by eight countries and has demonstrated a mission capability rate of 93% and mission completion rates above 99% since its induction.
The aircraft can carry a payload of 26 tons and has a top speed of 470 knots. It is capable of executing a wide range of missions, including cargo and troop transport, medical evacuation, search and rescue, firefighting, and humanitarian assistance, even on unpaved runways. The KC-390 variant is equipped for air-to-air refueling as both a tanker and receiver. With a market capitalization of $8.49 billion and net income of $310 million in the last twelve months, Embraer has demonstrated strong financial performance backing its technological capabilities.
Embraer, with a history dating back to 1969, has delivered over 9,000 aircraft worldwide and is recognized as a leading manufacturer of commercial jets up to 150 seats. The company operates globally with a network of service and parts distribution centers. For detailed insights into Embraer’s financial health, growth prospects, and comprehensive analysis, access the full Pro Research Report available on InvestingPro, which covers over 1,400 top stocks with expert analysis and actionable intelligence.
This information is based on a press release statement.
In other recent news, Embraer has announced significant developments that are capturing the attention of investors. The Brazilian aerospace company has finalized a deal with Sweden to supply four C-390 Millennium military aircraft, enhancing Sweden’s defense capabilities. In another major development, Embraer has secured a substantial order from Japan’s ANA Holdings Inc. (TYO:9202) for 15 E190-E2 jets, with deliveries expected to begin in 2028. Additionally, Embraer Executive Jets has entered into a historic $7 billion agreement with Flexjet for a fleet of business jets, marking the largest order in Flexjet’s history.
On the financial front, Embraer is forecasting an 18% rise in aircraft deliveries by 2025, with expectations to deliver up to 240 commercial and executive jets. This projection is driven by strong demand in both segments. Meanwhile, Wolfe Research has downgraded Embraer’s stock from Outperform to Peer Perform, citing concerns over potential impacts from upcoming tariffs and the stock’s current high valuation. Despite these concerns, Embraer’s market performance has been robust, outperforming many of its industry peers. These developments highlight Embraer’s strategic moves and financial outlook, which are crucial for investors to consider.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.