Uruguayan Air Force buys five Embraer A-29 Super Tucano by converting options into firm orders

Rhea-AI Summary

Embraer (NYSE: ERJ) announced that the Uruguayan Air Force has converted options for five A-29 Super Tucano aircraft into firm orders, following a previous commitment from August 2024 that included one firm order plus options. The deal includes mission equipment, integrated logistics services, and a flight simulator as part of Uruguay's fleet renewal program.

Uruguay becomes the sixth nation in South America to operate the A-29. With this order and Portugal's recent A-29N acquisition, the Super Tucano reaches 20 operators worldwide with over 290 orders. The aircraft offers multiple mission capabilities including close air support, air patrol, special operations, border surveillance, and training functions.

The agreement marks a significant milestone as it coincides with the 50th anniversary of Embraer's first export contract, which was also with Uruguay.

Positive

• Secured new order for 5 A-29 Super Tucano aircraft from Uruguay
• Expanded global operator base to 20 customers with over 290 total orders
• Strengthened market position in South America with sixth regional customer

Negative

• None.

News Market Reaction

+1.37%

1 alert

+1.37% News Effect

On the day this news was published, ERJ gained 1.37%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

•  Uruguay becomes the sixth nation to operate the A-29 in South America

MONTEVIDEO, Uruguay, Jan. 14, 2025 /PRNewswire/ -- Embraer (NYSE: ERJ/B3: EMBR3) today announced that the Uruguayan Air Force (FAU) and the Uruguayan Ministry of National Defense (MDN) have converted options for five A-29 Super Tucano aircraft into firm orders. The agreement is part of a commitment signed in August 2024, when the FAU has announced a firm order for one aircraft plus the options that have now been converted. The agreement also includes mission equipment, integrated logistics services and a flight simulator. The contract is part of a fleet renew program to expand FAU's operational capacity.

"The relationship between Embraer and the Uruguayan Air Force has been growing and we are particularly pleased to announce this deal in the year in which we celebrate 50 years of Embraer's first export contract, to Uruguay," said Bosco da Costa Junior, President and CEO of Embraer Defense & Security. "We are ready to offer the best multimission aircraft to the FAU as well as our full support to increase their operational readiness and to enhance their capabilities to accomplish strategic missions such as border surveillance".

"The acquisition of the A-29 Super Tucano and the flight simulator will provide Uruguay with airspace defense capabilities and is part of the commitment assumed by the government to renew the material and equipment of our Armed Forces to fulfill their assigned missions," says Uruguayan Minister of National Defense, Armando Castaingdebat.

"This incorporation projects us technologically, and upon completion of the A-29 acquisition process, it allows us to face, together with Embraer, the new regional security paradigms," said Commander in Chief of the Uruguayan Air Force, General Luis H. De León.

With Uruguay and the recent acquisition of the first A-29 in NATO configuration (A-29N) by Portugal, the A-29 Super Tucano reaches 20 operators worldwide, boasting over 290 orders. The number of air forces operating the A-29 Super Tucano steadily expands due to its unmatched combination of features, making it the most cost-effective, accessible, and versatile choice.

For Air Forces seeking a proven, comprehensive, efficient, reliable, and cost-effective solution on a single platform, coupled with great operational flexibility, the A-29 Super Tucano offers a wide range of missions such as close air support, air patrol, special operations, air interdiction, JTAC, forward air controller (FAC), air and tactical coordinator (TAC), Armed ISR, border surveillance, reconnaissance, air escort, basic, operational and advanced training, transition to air superiority fighters, JTAC/LIFT and FAC training.

Images: https://embraer.bynder.com/share/53C3E84E-4DF5-4ECE-B46AF7C34F7A2CC7/ 

About Embraer

Embraer is a global aerospace company headquartered in Brazil. It manufactures aircraft for Commercial and Executive aviation, Defense & Security, and Agricultural customers. The company also provides after-sales services & support through a worldwide network of wholly owned entities and authorized agents.

Since it was founded in 1969, Embraer has delivered more than 9,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 150 million passengers a year.

Embraer is the leading manufacturer of commercial jets up to 150 seats and is the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers across the Americas, Africa, Asia, and Europe.

 

View original content:https://www.prnewswire.com/news-releases/uruguayan-air-force-buys-five-embraer-a-29-super-tucano-by-converting-options-into-firm-orders-302350799.html

SOURCE Embraer S.A.

FAQ

How many A-29 Super Tucano aircraft did Uruguay order from Embraer (ERJ)?

Uruguay ordered a total of 6 A-29 Super Tucano aircraft - one firm order in August 2024 plus five additional aircraft through the conversion of options in January 2025.

What is the total number of A-29 Super Tucano orders worldwide for Embraer (ERJ)?

Embraer has received over 290 orders for the A-29 Super Tucano from 20 operators worldwide.

What additional services are included in Uruguay's A-29 Super Tucano order from Embraer (ERJ)?

The order includes mission equipment, integrated logistics services, and a flight simulator.

How many countries in South America now operate Embraer's (ERJ) A-29 Super Tucano?

With Uruguay's order, six South American nations now operate the A-29 Super Tucano.

What missions can Embraer's (ERJ) A-29 Super Tucano perform?

The A-29 Super Tucano can perform close air support, air patrol, special operations, border surveillance, reconnaissance, air escort, and various training missions.