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HomeEconomyBrazil's Embraer sees India, Saudi Arabia, EU as strategic markets for defense...

Brazil’s Embraer sees India, Saudi Arabia, EU as strategic markets for defense unit

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(Reuters) – Brazilian planemaker Embraer sees India, Saudi Arabia and the European Union as strategic markets for its defense unit as it looks to expand sales of the C-390 Millennium, the head of Embraer Defense said on Tuesday.

India has an open tender to buy military planes while Saudi Arabia, looking to replace an aging fleet of C-130 Hercules, is currently in “early engagement” with Embraer, Bosco da Costa Junior said.

(Reporting by Gabriel Araujo; Editing by Aida Pelaez-Fernandez)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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