FONT-SIZE Plus   Neg

Embraer, Sierra Nevada Win $427 Mln Afghan Fighter Contract

U.S.-based Sierra Nevada Corp. and Brazil's Embraer-Empresa Brasileira De Aeronautica SA (ERJ) have won a $427 million contract to provide light air support aircraft and associated maintenance and training for the Afghan air force, Pentagon Press Secretary George Little said Wednesday.

Deputy Defense Secretary Ashton Carter called Brazilian Minister of Defense Celso Amorim to inform about the decision made by the United States Air Force.

Sierra Nevada Corp. is based in Sparks, Nevada, while Embraer SA is its Brazilian subcontractor.

As per the contract, 20 aircraft are scheduled to be delivered to operational air bases in Afghanistan beginning in the summer of 2014 to conduct advanced flight training, surveillance, close air support and air interdiction missions.

Little said this platform ''is critical to providing enabling support to the Afghan National Security Forces as part of United States enduring support to Afghanistan following the completion of the ISAF mission at the end of 2014.''

ERJ closed up 3.6 percent at $33.90 on Wednesday.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Microsoft's (MSFT) office assistant Cortana for iOS beta has arrived, but only 2000 people will be able to test the virtual assistant. Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016.
comments powered by Disqus
Trade ERJ now with 
Follow RTT