Calepin des entreprises international 2026 VA.pdf — page 58

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EMBRAER
STRATEGIC HIGHLIGHTS
Business trends
	
 Embraer revenues grew 21.4% in US dollars in 2024 to $6,395 million (€5,910 million). The group recorded 
higher revenues in its Commercial Aviation division (+19.6%), thanks to higher deliveries of civil aircraft 
(76 aircraft delivered, compared with 64 in 2023), and Executive Aviation division (business jets, +25.2%). 
The  Defense & Security division, which includes most of the group’s defence activities, also recorded a sharp 
increase in revenues (+39.9%) and delivered three C-390 Millennium aircraft (one each to Brazil, Hungary and 
Portugal). The division is also assembling three F-39E fighter aircraft for the Brazilian Air Force.
	
 In December 2024, Embraer inaugurated a new subsidiary in Portugal, named Embraer Defense Europe. 
Based in Lisbon, it will support the group’s efforts to develop sales to NATO and European Union countries.
	
 In May 2025, the group established a subsidiary in New Delhi, India, with the aim of strengthening its local 
presence in both the civil and military sectors.
Home market
	
 Embraer is the main beneficiary of the major military programmes launched by the Brazilian government in 
the last decade (F-39 fighter aircraft, C-390 Millennium tactical transport aircraft, etc.). 25% of the Defense & 
Security division’s revenues came from its domestic market in 2024.
	
 The Brazilian Air Force awarded Embraer a contract in December 2024 to supply a second firefighting kit 
for installation on the C-390 Millennium aircraft. This kit, known as MAFFS II (Modular Airborne Fire Fighting 
System), can drop approximately 12,000 litres of water in 7 seconds.
	
 In December 2024, the group also signed a BRL 102 million contract (€18 million) with the Brazilian Army to 
produce a SABER M200 Vigilante aircraft detection and tracking radar.
	
 The Águas Azuis consortium, consisting of tkMS, Embraer and its subsidiary Atech, laid the keel for the 
third Tamandaré-class multi-mission frigate, named Cunha Moreira, at the Itajaí shipyard in June 2025. 
The mothership is undergoing sea trials with delivery scheduled for December 2025, and the second unit, 
named Jerônimo de Albuquerque, was launched in August 2025. 
 
Export markets
	
 The Defense & Security division generated 75% of its revenues from exports in 2024, a share that has increased 
by 23 percentage points over the 2021-2024 period. This upward trend follows the sharp rise in sales in Europe, 
in particular for the C-390 Millennium tactical transport aircraft.
	
 In December 2024, the Portuguese Air Force ordered 12 A-29N Super Tucano trainer and ground attack 
aircraft, a version equipped with a NATO-standard communication system, for approximately €200 million.
	
 In February 2025, Embraer began assembly of the first C-390 Millennium tactical transport aircraft for Austria, 
which ordered four aircraft in July 2024.
	
 Embraer recorded three new orders in 2025 for its C-390 Millennium aircraft. Sweden and Lithuania ordered 
four units in March and three units in June respectively. Portugal, which has already received three aircraft, 
also ordered a sixth unit in June.
	
 Panama acquired four EMB 314 Super Tucano aircraft in September 2025 for $78 million (€72 million). 
These aircraft will be assigned to the National Aeronaval Service and will be used for surveillance and 
protection missions.
Technology and Innovation
	
 In October 2024, Visiona, a joint venture between Embraer and Telebras, presented the first images collected 
by its VCUB1 Earth observation nanosatellite, the first one to be developed entirely by Brazilian players, and 
announced that the satellite is now operational.