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Brazil: Embraer creates “Defense and Security” business unit.

President Lula and current Executive Vice President of Finance and Investor Relations of Embraer, Luiz Carlos Siqueira Aguiar

Sao Jose dos Campos,Brazil – Embraer announces the creation of Embraer Defense and Security, an important step towards “consolidating the central position of the Company in the strengthening of the Brazilian defense and security”.

“Brazil has a role of increasing importance in the global geopolitical scene and the Defense Ministry, through the National Defense Strategy, set out a vision for Embraer as leader of the domestic defense industry,” said Frederico Fleury Curado, President of Embraer. “Embraer, with 40 years of industrial and technological experience in defense programs in Brazil and abroad, is totally committed to collaborate with the Brazilian State in ensuring the empowerment and autonomy technologies that the country needs.”

The current Executive Vice President of Finance and Investor Relations of Embraer, Luiz Carlos Aguiar,  will be the President of the Defence and Security Unit. “The business of defense and security of Embraer, whose revenues now expected to exceed the $ 1.5 billion in 2011, will be strengthened in coming years, not only in meeting the needs of Brazil, but also with respect to exports. We will expand our capabilities through this new business configuration, “said Luiz Carlos Aguiar.

In the world, there are currently more than 30 countries with armed forces operating systems and products of Embraer. In recent years,  Embraer has invested significantly in advanced technologies for the defense sector, not only with respect to aircraft and onboard systems, but also in integrated solutions for other applications, including segments of Communication, Computer, Command, Control and Intelligence and training….READ MORE HERE