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Boeing and Embraer have a new deal. What it means for defense is unclear. | Defense News

Boeing and Embraer have a new deal. What it means for defense is unclear. | Defense News

Earlier this month, Boeing and Embraer struck a deal on a joint venture that would give Boeing control of the Brazilian company’s commercial jet business. But what the agreement will mean for their associated defense units is still being hammered out, a Boeing defense exec said Friday.

During a briefing to reporters on the sidelines of the Royal International Air Tattoo, Gene Cunningham, who leads Boeing’s international defense business, called the Embraer-Boeing deal a work in progress, “particularly on the defense side.”

“So to talk about what we’re going to do marketwise or how we’re going to approach [our partnership], that’s probably a little premature right at this point in time,” he said. “I think what’s important is to see the strength of association of the companies and the product lines that are out there, as well as the great services/install base we have and how that really blends and matches for the products and services across the board. And that’s one that we’ve got to work our way through at this point.”

Source: Boeing and Embraer have a new deal. What it means for defense is unclear.