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Embraer announces sale of six A-29 Super Tucano at Farnborough

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Embraer (B3: EMBR3, NYSE: ERJ) announced the sale of six A-29 Super Tucano aircraft to the Paraguayan Air Force (FAP) at the Farnborough International Airshow. The multi-mission aircraft will be delivered starting in 2025, including mission equipment and integrated logistics services. The A-29 Super Tucano is the global leader in its category, with over 260 orders and 550,000 flight hours. It offers versatility for armed reconnaissance, close air support, light attack, and advanced training missions on a single platform. The aircraft is known for its cost-effectiveness, accessibility, and operational flexibility, making it an attractive choice for air forces worldwide.

Embraer (B3: EMBR3, NYSE: ERJ) ha annunciato la vendita di sei aerei A-29 Super Tucano alla Forza Aerea Paraguaiana (FAP) durante il Farnborough International Airshow. Gli aerei multi-missione saranno consegnati a partire dal 2025, comprensivi di equipaggiamento per missioni e servizi logistici integrati. L'A-29 Super Tucano è il leader globale nella sua categoria, con oltre 260 ordini e 550.000 ore di volo. Offre versatilità per ricognizione armata, supporto aereo ravvicinato, attacchi leggeri e missioni di addestramento avanzato su un'unica piattaforma. L'aereo è conosciuto per la sua economicità, accessibilità e flessibilità operativa, rendendolo una scelta attraente per le forze aeree di tutto il mondo.

Embraer (B3: EMBR3, NYSE: ERJ) anunció la venta de seis aviones A-29 Super Tucano a la Fuerza Aérea Paraguaya (FAP) en el Farnborough International Airshow. Los aviones de múltiples misiones se entregarán a partir de 2025, incluyendo equipo de misión y servicios logísticos integrados. El A-29 Super Tucano es el líder global en su categoría, con más de 260 pedidos y 550,000 horas de vuelo. Ofrece versatilidad para reconocimiento armado, apoyo aéreo cercano, ataque ligero y misiones de entrenamiento avanzado en una sola plataforma. El avión es conocido por su rentabilidad, accesibilidad y flexibilidad operativa, lo que lo convierte en una opción atractiva para las fuerzas aéreas de todo el mundo.

엠브라에르 (B3: EMBR3, NYSE: ERJ)는 팜버러 국제 항공쇼에서 파라과이 공군 (FAP)에게 6대의 A-29 슈퍼 투카노 항공기를 판매한다고 발표했습니다. 다중 임무 항공기는 2025년부터 인도되며, 임무 장비와 통합 물류 서비스가 포함됩니다. A-29 슈퍼 투카노는 이 범주에서 세계적으로 선두를 차지하고 있으며, 260건 이상의 주문55만 비행 시간을 자랑합니다. 이 항공기는 무장 정찰, 근접 공중 지원, 경량 공격 및 고급 훈련 임무를 단일 플랫폼에서 수행할 수 있는 다재다능함을 제공합니다. 또한 비용 효율성, 접근성 및 운영 유연성으로 잘 알려져 있어 전 세계 공군에 매력적인 선택이 되고 있습니다.

Embraer (B3: EMBR3, NYSE: ERJ) a annoncé la vente de six avions A-29 Super Tucano à la Force Aérienne Paraguayenne (FAP) lors du Farnborough International Airshow. Les avions multi-missions seront livrés à partir de 2025, comprenant l'équipement de mission et des services logistiques intégrés. L'A-29 Super Tucano est le leader mondial de sa catégorie, avec plus de 260 commandes et 550.000 heures de vol. Il offre une polyvalence pour la reconnaissance armée, le soutien aérien rapproché, les attaques légères et les missions d'entraînement avancées sur une seule plateforme. L'avion est réputé pour son rapport coût-efficacité, son accessibilité et sa flexibilité opérationnelle, en faisant un choix attrayant pour les forces aériennes du monde entier.

Embraer (B3: EMBR3, NYSE: ERJ) gab die Verkauf von sechs A-29 Super Tucano Flugzeugen an die paraguayische Luftwaffe (FAP) auf der Farnborough International Airshow bekannt. Die Mehrzweckflugzeuge werden ab 2025 ausgeliefert und beinhalten Missionsausrüstung sowie integrierte Logistikdienste. Der A-29 Super Tucano ist der weltweite Marktführer in seiner Kategorie, mit über 260 Bestellungen und 550.000 Flugstunden. Er bietet Vielseitigkeit für bewaffnete Aufklärung, nahe Luftunterstützung, leichte Angriffe und fortgeschrittene Trainingsmissionen auf einer einzigen Plattform. Das Flugzeug ist bekannt für seine Kosteneffizienz, Zugänglichkeit und operative Flexibilität, was es zu einer attraktiven Wahl für Luftstreitkräfte weltweit macht.

Positive
  • Sale of six A-29 Super Tucano aircraft to Paraguayan Air Force
  • Deliveries scheduled to begin in 2025
  • A-29 Super Tucano is the global leader with over 260 orders
  • Aircraft has logged over 550,000 flight hours, including 60,000 in combat
Negative
  • None.

Insights

The sale of six A-29 Super Tucano aircraft to the Paraguayan Air Force signifies a strategic win for Embraer, highlighting the company's strength in the defense market. This deal not only boosts Embraer's order book but also reinforces the A-29's reputation as a versatile and cost-effective aircraft for multi-mission roles. The significance of this sale extends beyond the immediate revenue; it positions Embraer favorably within Latin America and potentially opens doors for future sales in the region. The agreement also includes mission equipment and an integrated logistics services agreement, which suggests a sustained revenue stream from after-sales services. Investors should view this deal as a positive development, reflecting Embraer's competitive edge in the defense sector.

From a defense market perspective, the sale to the Paraguayan Air Force illustrates the growing demand for multi-purpose aircraft in addressing contemporary security threats such as drug trafficking and transnational organized crime. The A-29 Super Tucano's versatility in performing various missions, including close air support and reconnaissance, makes it a critical asset for nations looking to upgrade their aerial capabilities. This sale exemplifies how Embraer capitalizes on the evolving defense needs of smaller nations with constrained budgets, offering a cost-effective yet highly capable solution. This trend is likely to continue, potentially leading to more orders from other countries with similar security challenges.

Financially, this announcement is a positive indicator for Embraer, suggesting potential for revenue growth and improved cash flow starting from 2025. The deal's inclusion of mission equipment and integrated logistics services may lead to additional revenue streams beyond the initial aircraft sale. Given the strategic importance of defense contracts in Embraer's portfolio, this sale could bolster investor confidence in the company's future earnings stability. Additionally, consistent orders for the A-29 might enhance Embraer's stock valuation by reflecting its robust market presence and product reliability in the defense sector.

The agreement provides for the delivery of six aircraft to the Air Force starting in 2025.

FARNBOROUGH, England, July 23, 2024 /PRNewswire/ -- Embraer (B3: EMBR3, NYSE: ERJ) announced today during the Farnborough International Airshow, the most important aerospace industry event of the year, the sale of six A-29 Super Tucano aircraft to the Paraguayan Air Force (FAP).

As a multi-mission aircraft, the A-29 provides the Air Forces with versatility for armed reconnaissance, close air support, light attack, and advanced training missions on a single platform, which exponentially increases the institutions' availability and operational flexibility. The operation, with deliveries scheduled from 2025, includes mission equipment and an integrated logistics services agreement.

"We are honored by the Paraguayan Air Force (FAP) decision and very pleased to be able to announce more A-29 Super Tucano sales, which is a leading aircraft in the international market in its segment. We are confident that the A-29 meets the current and future needs of the FAP", says Fabio Caparica, Commercial Vice President for Latin America at Embraer Defense & Security.

"Defense is a pure public good because it provides society with a service that contributes solely and exclusively to the stability of the nation as an essential element for an integrated development of a country. This has a positive impact not only on issues related to national sovereignty but also on all areas of development. The Paraguayan Air Force (FAP) has the constitutional mission of safeguarding territorial integrity and, within its scope, exercising effective sovereignty over airspace, facing new threats, such as combating drug trafficking and transnational organized crime", said Air General Júlio Rubén Fullaondo Céspedes, Commander of the Paraguayan Air Force. "To face emerging threats, we are in the process of modernizing our aerial and detection capabilities, and we intend to be up to the technological standards that allow us to correctly apply the measures established in the Law on Surveillance and Protection of Paraguayan Airspace in a to effectively contribute to the preservation of regional and international peace and security".

The A-29 Super Tucano is the global leader in its category, boasting over 260 orders, surpassing 550,000 flight hours, with 60,000 of those in combat. The number of air forces operating the A-29 Super Tucano steadily expands due to its unmatched combination of features, making it the most cost-effective, accessible, and versatile choice.

For Air Forces seeking a proven, comprehensive, efficient, reliable, and cost-effective solution on a single platform, coupled with great operational flexibility, the A-29 Super Tucano offers a wide range of missions such as close air support, air patrol, special operations, air interdiction, JTAC, forward air controller (FAC), air and tactical coordinator (TAC), Armed ISR, border surveillance, reconnaissance, air escort, basic, operational and advanced training, transition to air superiority fighters, JTAC/LIFT and FAC training.

The A-29 Super Tucano is the most effective multi-mission aircraft in its category, equipped with state-of-the-art technology for precise target identification, weapons systems, and a comprehensive communications suite. Its capability is further enhanced by advanced HMI avionics systems integrated into a robust airframe capable of operating from unpaved runways, in austere environments and without infrastructure. Furthermore, the aircraft has a simple maintenance concept, which offers high levels of reliability, availability, and structural integrity with low life cycle costs.   

About Embraer

A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere worldwide, transporting over 145 million passengers a year. 

Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high-value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

Cision View original content:https://www.prnewswire.com/news-releases/embraer-announces-sale-of-six-a-29-super-tucano-at-farnborough-302204332.html

SOURCE Embraer S.A.

FAQ

How many A-29 Super Tucano aircraft did Embraer (ERJ) sell to Paraguay?

Embraer sold six A-29 Super Tucano aircraft to the Paraguayan Air Force (FAP).

When will Embraer (ERJ) start delivering the A-29 Super Tucano aircraft to Paraguay?

Embraer will start delivering the A-29 Super Tucano aircraft to Paraguay in 2025.

What is the total number of orders for the A-29 Super Tucano aircraft?

The A-29 Super Tucano has received over 260 orders globally.

How many flight hours has the A-29 Super Tucano aircraft logged?

The A-29 Super Tucano has logged over 550,000 flight hours, with 60,000 of those in combat.

Embraer S.A.

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