Boeing Co.(BA: Quote) and Embraer (ERJ: Quote) announced an agreement to collaborate on the KC-390 aircraft program. As per the agreement, Boeing and Embraer will share some specific technical knowledge and evaluate markets where they may join their sales efforts for medium-lift military transport opportunities.
The KC-390 collaboration is part of a broader agreement that Boeing and Embraer signed in April. The companies previously announced that they are exploring ways to cooperate in commercial airplane efficiency and safety, research and technology, and sustainable aviation biofuels.
Boeing said the company and Embraer will conduct a joint market assessment for the medium-lift military transport market and analyze business collaboration models. The market assessment includes potential customers that had not been considered in the initial market prospects for the KC-390.
The KC-390 is a Brazilian Air Force project for which Embraer signed the development contract in April 2009.
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by RTT Staff Writer
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