Embraer and AgustaWestland to join forces on Brazilian helicopter manufacturing
Written by thomas · Filed Under Aeronautics NewsJanuary 21, 2013
Embraer SA (EMBR3.BR, ERJ) announced on the 21st January 2013 that it has signed a memorandum of understanding with Italian/British helicopter producer AgustaWestland to study production of helicopters in Brazil. AgustaWestland, is part of Finmeccanica. This new bold move could allow Embraer to produce both military and civil helicopters. This will challenge Eurocopter who already has a large foothold in the fast-growing Latin American market.
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