{"id":42256,"date":"2018-12-17T13:19:45","date_gmt":"2018-12-17T13:19:45","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2018\/12\/17\/boeing-embraer-agree-to-kc-390-joint-venture\/"},"modified":"2026-08-07T23:21:06","modified_gmt":"2026-08-07T23:21:06","slug":"boeing-embraer-agree-to-kc-390-joint-venture","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/air\/2018\/12\/17\/boeing-embraer-agree-to-kc-390-joint-venture\/","title":{"rendered":"Boeing, Embraer agree to KC-390 joint venture"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">WASHINGTON \u2014 <a href=\"https:\/\/www.defensenews.com\/digital-show-dailies\/farnborough\/2018\/07\/19\/special-mission-aircraft-kc-390-main-focus-for-embraer-in-boeing-tie-up\/\" target=\"_blank\">Brazilian aerospace firm Embraer and Boeing<\/a> have officially formed <a href=\"https:\/\/www.defensenews.com\/air\/2017\/12\/21\/boeings-potential-embraer-acquisition-would-widen-its-defense-portfolio\/\" target=\"_blank\">a joint venture on Embraer\u2019s KC-390 multimission aircraft <\/a>as part of a larger partnership on the companies\u2019 commercial sides.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the new agreement, Boeing and Embraer <a href=\"https:\/\/www.defensenews.com\/digital-show-dailies\/2018\/07\/15\/boeing-and-embraer-have-a-new-deal-what-it-means-for-defense-is-unclear\/\" target=\"_blank\">will work together<\/a> to \u201cpromote and develop new markets\u201d for the KC-390, according to a statement released early Monday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Embraer will own a 51 percent stake in the KC-390 joint venture, with Boeing owning the rest.<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/defensenews\/global\/the-americas\/2018\/10\/05\/boeing-embraer-partnership-on-kc-390-could-involve-engineering-collaboration\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-457593080.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">Boeing, Embraer partnership on KC-390 could involve engineering collaboration<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">A July 5 memorandum of understanding between Boeing and Embraer lays out more details about their defense partnership.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">The announcement on the KC-390 comes as the companies approved the terms of a strategic partnership that gives Boeing an 80 percent stake in Embraer\u2019s commercial and services business for $4.2 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before the parties move forward with the transaction, the government of Brazil \u2014 which holds a \u201cgolden share\u201d in Embraer \u2014 must consent to the agreement, and the deal is also subject to the approval of shareholders and regulatory agencies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cBoeing and Embraer know each other well through more than two decades of collaboration, and the respect we have for each other and the value we see in this partnership has only increased since we announced our joint efforts earlier this year,\u201d said Dennis Muilenburg, Boeing chairman, president and CEO.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are confident that this partnership will deliver great value to Brazil and the Brazilian aerospace industry as a whole. This alliance will strengthen both companies in the global market and is aligned with our long-term sustainable growth strategy,\u201d said Paulo Cesar de Souza e Silva, Embraer president and CEO.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Boeing and Embraer have partnered on the KC-390 before. The companies agreed to pacts in 2012 and 2014 that gave the U.S. firm a role on global marketing and logistics support of the KC-390.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, in the wake of the commercial Boeing-Embraer deal, officials said a new KC-390 joint venture could be broader in scope than those partnerships.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How this new joint venture differs from past agreements is unclear, and the news release contained only sparse details.<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/defensenews\/air\/2018\/10\/04\/boeing-embraer-reportedly-in-talks-on-bringing-kc-390-production-to-us\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/Aircraft-Farnborough-2018-124.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">Boeing, Embraer reportedly in talks to bring KC-390 production to US<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">Such a deal could make the KC-390 a more serious rival to Lockheed Martin&#039;s C-130.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">According to a July 5 memorandum of understanding between the two companies, a KC-390 joint venture would \u201cgrow KC-390 sales and aftermarket opportunities through joint efforts in sales, marketing, engineering and industrial collaboration,\u201d hinting that the partnership could involve an enhancement of the KC-390\u2019s capabilities or Boeing\u2019s help on technology and industrial development.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In October, a Brazilian newspaper reported that Boeing and Embraer were discussing the prospect of building a KC-390 plant in the United States.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing and Embraer have a new partnership on the KC-390 as part of a larger deal on their commercial sides.<\/p>\n","protected":false},"author":7,"featured_media":66642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":7,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[7,160,11,12,36,48],"tags":[],"coauthors":[3384],"class_list":["post-42256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-air","category-daily-news-roundup","category-global","category-industry","category-newsletters","category-the-americas"],"acf":{"subheadline":"","legacy_arc_id":"NWMJXHSSJRCM5JIYHXLCT7QVCA","arc_canonical_url":"\/air\/2018\/12\/17\/boeing-embraer-agree-to-kc-390-joint-venture\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented 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