{"id":36695,"date":"2018-01-31T19:30:33","date_gmt":"2018-01-31T19:30:33","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2018\/01\/31\/boeing-still-hammering-out-a-deal-with-embraer-on-potential-tie-up\/"},"modified":"2026-08-07T23:00:51","modified_gmt":"2026-08-07T23:00:51","slug":"boeing-still-hammering-out-a-deal-with-embraer-on-potential-tie-up","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/air\/2018\/01\/31\/boeing-still-hammering-out-a-deal-with-embraer-on-potential-tie-up\/","title":{"rendered":"Boeing still hammering out a deal with Embraer on potential tie-up"},"content":{"rendered":"\n

WASHINGTON \u2014 Boeing is still in talks with Brazilian aerospace firm Embraer about a possible acquisition<\/a>, but the Boeing\u2019s chief executive said Wednesday that the company\u2019s success won\u2019t be be dependent on the tie up<\/a>.<\/p>\n\n\n\n

Boeing and Embraer\u2019s discussions, which were first disclosed in late December, have gone on for a \u201crelatively long period,\u201d but more work will be needed to negotiate terms that satisfy the Brazilian government, which holds a controlling share in the company, said Boeing CEO Dennis Muilenburg.<\/p>\n\n\n\n

\u201cThe opportunity with Embraer, we do think is an important one,\u201d he said during a Jan. 31 earnings call. \u201cIt\u2019s a great strategic fit. We continue to have productive discussions on that topic, and we know that the government of Brazil has raised some concerns or issues that we fully respect, and we\u2019re working through the details of potential options going forward and doing that in a very diligent way. I\u2019m hopeful that we can bring that deal to conclusion, but more work to go on that front.\u201d <\/p>\n\n\n\t