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Association between Boeing and Embraer exclude defense area resources

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The proposed new association between Boeing and Embraer forecasts that the arm of the Brazilian company in the defense area is out of business, but has in the revenues of the partnership that the two companies intend to establish.

According the sources of the negotiations that have advanced this week with the presentation of a memorandum to the government’s working group examining the business, forecasting a revenue stream to ensure the sustainability of the projects linked to the armed forces is essential for the plateau give approval to the operation.

Embraer and Boeing have already closed question about the structure that will allow combine some Brazilian business units into a new company to be created from the society of the two multinationals.

But there is still defining details that enable the creation and operation of this joint venture, in a way that the long-term sustainability of the Brazilian manufacturer is guaranteed.