Sociedade Anônima | |
Traded as |
BM&F Bovespa: EMBR3 : ERJ |
Industry | Aerospace, Defense |
Founded | August 19, 1969 |
Founder | Ozires Silva |
Headquarters | São José dos Campos, São Paulo, Brazil |
Area served
|
Worldwide |
Key people
|
Frederico Curado (President & CEO) Arthur Coutinho (Vice president) Jackson Schneider (Vice president) José Filippo (Vice president) |
Products | Business, commercial, and military Aircraft. Aircraft parts. Mission systems for air and ground operation |
Brands | EMB, ERJ, Legacy, Lineage, LR, Phenom |
Revenue | US$ 5.9 billion (2015) |
US$ 543 million (2014) | |
US$ 335 million (2014) | |
Number of employees
|
19,116 (September 1, 2014) |
Divisions | Embraer Defense & Security Embraer Commercial Aviation Embraer Executive Jets |
Subsidiaries | Neiva, OGMA, Atech, Bradar, SAVIS |
Website |
http://www.embraer.com http://www.embraerds.com http://www.embraeragricola.com.br http://www.embraerexecutivejets.com http://www.embraercommercialaviation.com.br |
Embraer S.A. (Portuguese pronunciation: [ẽbɾaˈɛɾ]) is a Brazilian aerospace conglomerate that produces commercial, military, executive and agricultural aircraft and provides aeronautical services. It is headquartered in São José dos Campos, São Paulo State.
The company competes internationally with Canadian rival Bombardier for the title of third-largest airplane maker after Airbus and Boeing.
Seeking to develop a domestic aircraft industry, the Brazilian government made several investments in this area during the 1940s and '50s. However, it was not until 1969 that Empresa Brasileira de Aeronáutica (Embraer) was created as a government-owned corporation. Its first president, Ozires Silva, was a government appointee, and the company initially produced a turboprop passenger aircraft, the Embraer EMB 110 Bandeirante.
The Brazilian Government contributed to Embraer's early growth by providing production contracts. The company sold solely to the domestic market until 1975.
While military aircraft made up the majority of Embraer's products during the 1970s, including the Embraer AT-26 Xavante and the Embraer EMB 312 Tucano, by 1985, it had debuted a regional airliner, the Embraer EMB 120 Brasilia. Aimed at the export market, this plane was the first of Embraer's highly successful small airliners.
In 1974, the company started to produce Piper Aircraft light planes under license. Piper first put together knock-down kits in their US factory for Embraer to assemble and market in Brazil and Latin America. By 1978, most of the parts and components were being sourced locally. Between 1974 and 2000, nearly 2,500 license-built Pipers were produced by Embraer.