Austrian Ministry Of Defense Selects The C-390 Millennium As Its New Military Transport Aircraft
Portfolio Pulse from Benzinga Newsdesk
The Austrian Ministry of Defense has chosen the C-390 Millennium aircraft, produced by Embraer (NYSE:ERJ), as its new tactical transport solution. This makes Austria the latest country to join Brazil, Portugal, Hungary, and the Netherlands as future operators of the C-390 Millennium multi-mission platform.
September 20, 2023 | 1:55 pm
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Embraer's C-390 Millennium aircraft has been selected by the Austrian Ministry of Defense as its new tactical transport solution. This could potentially increase Embraer's revenues and strengthen its position in the global defense market.
The selection of Embraer's C-390 Millennium aircraft by the Austrian Ministry of Defense is a significant endorsement of the company's product. This could lead to increased sales and revenues for Embraer, as well as enhance its reputation in the global defense market. Therefore, this news is likely to have a positive impact on Embraer's stock price in the short term.
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