Embraer and Elbit sign agreement

Hermes 450

Elbit Systems Ltd. announced today that its Brazilian subsidiary, AEL Sistemas S.A (“AEL”) signed a strategic agreement with Embraer Defesa e Seguranca S.A., a subsidiary of Embraer S.A, during the Latin American Aerospace & Defense (LAAD) Exhibition 2011. The agreement envisages the evaluation of joint exploration of unmanned aircraft systems (UAS), including the anticipated creation of a jointly owned company with majority participation of Embraer Defesa e Seguranca to work in the segment.

 

Luiz Carlos Aguiar, President of Embraer Defesa e Seguranca stated: ” UAS are a reality and a need for solutions on defense and security, and Embraer Defesa e Seguranca considers that this agreement intends to strengthen both companies’ ability to offer solutions with an excellent cost-benefit ratio for the Brazilian Government.” Aguiar added: “In addition, these vehicles allow for dual-use for monitoring of ports, agricultural, forest, and coastal areas, traffic, etc”.

Shlomo Erez, Director General of AEL, commented: “This strategic agreement with Embraer marks a significant milestone for AEL, towards the realization of our goal regarding the development of UAS competencies in Brazil. This cooperation with Embraer will leverage new business opportunities and enhance Brazilian know-how in the development and manufacture of unmanned systems, offering latest generation technology in order to meet the specific demands and needs of our country”. Erez added: “The agreement foresees the evaluation of joint activities in marketing, development, systems integration, manufacturing and support of UAS, as well as in simulators and activities for the modernization of avionics systems, and the anticipated participation of Embraer Defesa e Seguranca in the capital of AEL”.

Embraer and AEL have a successful track record of cooperative relationships. AEL was one of the first suppliers of systems for the turboprop Tucano basic trainer and the subsonic fighter AMX, aircraft manufactured by Embraer in the 1980s and 1990s. Currently, AEL provides the avionics for the turboprop light attack and advanced training Super Tucano, as well as the avionics of the F-5M fighter, modernized by Embraer for the Brazilian Air Force (FAB).