:

Business/Financial

Boeing In Talks On Combination With Embraer

By Cal Biesecker

Thursday, December 21st, 2017

SHARE:

Boeing In Talks On Combination With Embraer

The Brazilian Air Force received its first Embraer KC-390 Millennium in 2019 and is exploring hybrid-electric options for light transport with Embraer. (Embraer)

Boeing [BA] and Brazil’s Embraer [ERJ] on Thursday said they are in discussions for a “potential combination” following a report in the Wall Street Journal that Boeing is in talks to acquire the maker of regional and business jets, light-attack fighters and reconnaissance aircraft, and medium-size military transport aircraft.The Journal reported that the potential acquisition would be at a “large premium” for Embraer but no price was mentioned. It said the talks by Boeing would give it a hedge against its…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]