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Sale of 5 Embraer KC-390s to Portugal Will Total $1 Billion, Embraer Says

Frank Wolfe Frank Wolfe
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Sale of 5 Embraer KC-390s to Portugal Will Total $1 Billion, Embraer Says
The KC-390 military transport features this Collins Aerospace Pro Line Fusion avionics suite. The sale of five KC-390s to Portugal is to represent about $1 billion in revenue for Embraer. Photo: Collins Aerospace

The sale of five Embraer KC-390s to Portugal is to bring Embraer about $1 billion in revenue, the company said in a 2019 third quarter earnings call on Nov. 12. "This contract will amount to approximately $1 billion and will be included in our backlog in the fourth quarter," Nelson Salgado, Embraer's vice president of strategy and institutional relations, told financial analysts. "Talking about other defense platforms, we have sold nine [A-29] Super Tucanos to two undisclosed customers, and the…

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