Embraer expands in Africa with A-29 Super Tucano sale

Defence

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Embraer (NYSE:ERJ), a global aerospace leader, has announced the sale of four A-29 Super Tucano aircraft to a new client in Africa.

This undisclosed customer will be the sixth operator of the aircraft on the continent.

The A-29s, known for their versatility, will be employed in border surveillance, intelligence, surveillance and reconnaissance (ISR), close air support, counterinsurgency, and advanced flight training missions.

“The A-29 Super Tucano is an extremely versatile aircraft that is able to carry out the most challenging missions under the most demanding conditions. It is the world leader in its category as it combines a combat-proven track record with advanced technology,” said Bosco da Costa Junior, President and CEO of Embraer Defense & Security.

This sale extends the A-29's global footprint further, building on Embraer's recent contracts with the Portuguese, Uruguayan, and Paraguayan air forces earlier in the year.

Following the announcement, shares of Embraer were up 1.02%.