As part of its joint venture, Boeing and Embraer will promote and develop new markets for the C-390 Millennium multi-mission airlift and air mobility aircraft.
The pair will introduce a new organisation called Boeing Embraer – Defense.
The organisation will only be operational after the companies’ joint venture receives regulatory approvals and meets closing conditions.
“Boeing Embraer – Defense will build on our companies’ history of collaboration across commercial and defense aerospace to unlock significant value in the state-of-the-art C-390 Millennium as it enters service and leads the next generation of airlift and air mobility aircraft,” said Marc Allen, Boeing’s president of Embraer partnership and group operations.
The C-390 Millennium is a tactical transport aircraft designed to set new standards in its category, while presenting the lowest life-cycle cost on the market, the company said.
“The name of our joint venture represents the strong partnership between Embraer and Boeing that will strengthen the global competitiveness of this incredible aircraft and broaden the target markets, developing and generating greater value for the C-390 program to offer the best for our future customers,” said Jackson Schneider, president and CEO, Embraer defense & security.
The C-390 Millennium received its Civil Certification from the Brazilian National Aviation Agency (ANAC) in 2018 and is now in full production.