Panama picks Embraer (NYSE: ERJ) A-29 Super Tucano in new defense deal
Rhea-AI Filing Summary
Embraer S.A. reported that the government of Panama has signed a contract to acquire four A-29 Super Tucano aircraft. These planes will be operated by Panama’s National Air and Naval Service (SENAN) as a new platform for surveillance and protection missions, supporting the country’s national security plans.
With this deal, Panama becomes the eighth Latin American nation to select the A-29 Super Tucano, alongside Brazil, Chile, Colombia, Ecuador, Paraguay, Uruguay and the Dominican Republic. Embraer notes that the Super Tucano has accumulated more than 600,000 flight hours and has been chosen by 22 air forces worldwide for roles ranging from border monitoring and control of illicit activities to pilot training.
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FAQ
What contract did Embraer (ERJ) announce with Panama in this 6-K?
Embraer announced that Panama signed a contract for the acquisition of four A-29 Super Tucano aircraft, to be used as a new surveillance and protection platform by the Panamanian National Air and Naval Service (SENAN).
How will Panama use Embraer’s A-29 Super Tucano aircraft?
The A-29 Super Tucano fleet will be operated by SENAN as a new surveillance and protection platform, supporting missions such as surveillance, reconnaissance and broader national security efforts.
How many Latin American countries have chosen Embraer’s A-29 Super Tucano?
With Panama’s contract, eight Latin American nations have selected the A-29 Super Tucano: Brazil, Chile, Colombia, Ecuador, Paraguay, Uruguay, the Dominican Republic and Panama.
How widely used is Embraer’s A-29 Super Tucano globally?
Embraer states that the A-29 Super Tucano is the global leader in its category, with more than 600,000 flight hours, and that 22 air forces worldwide have selected the aircraft.
What types of missions can the A-29 Super Tucano perform for operators like Panama?
The A-29 Super Tucano can perform a wide range of missions, including air patrol, special operations, ISR (intelligence, surveillance and reconnaissance), border surveillance and monitoring, control of illicit activities, reconnaissance, air escort, and various levels of pilot training.
What broader business segments does Embraer (ERJ) operate in?
Embraer is a global aerospace company headquartered in Brazil, operating in Commercial Aviation, Executive Aviation, Defense & Security, and Agricultural Aviation, and provides after-sales services and support to customers worldwide.
