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Embraer, a global leader in the aerospace industry, announces that it plans to invest approximately $3.5 billion by 2030. The announcement came during Mission 6 of the New Industry Brazil (Nova Indústria Brasil) – an event in Brasília that was also attended by major political figures.
Strategic investment plans
Embraer revealed its plans to invest approximately $3.5 billion by 2030 on the sidelines of an important industry ceremony in Brasília. This investment budget is part of a comprehensive growth plan that includes increasing aircraft production and expanding business activities in international markets. A particular focus is on developing sustainable technologies aimed at a low-carbon economy in the aviation sector. The focus is on the innovative eVTOL from EVE, which is supported by Embraer.
Role of New Industry Brazil
The New Industry Brazil program serves as a key factor in regaining the country’s competitiveness. The partnership with Embraer and the entire defense industry remains essential to promoting the export of Brazilian products. It secures skilled jobs and incomes and ensures mastery of key technologies crucial to national sovereignty, says Francisco Gomes Neto, President and CEO of Embraer.
Advances in technology and innovation
Successful collaboration between government, universities and industry is instrumental in keeping Brazil at the forefront of aerospace innovation. This collaboration promotes technological development and helps the country compete in a highly competitive sector. Brazil is thus securing its leading position, particularly in the area of defense and in the use of state-of-the-art technologies.
Impact on employment and talent
When it comes to employment, the success of the investments is clear. Embraer has managed to create 23,500 jobs worldwide, with 18,000 of them in Brazil. The number of employees is already exceeding pre-pandemic levels, with 2,500 new jobs created in the last two years alone. Embraer continually invests in training and qualification programs to fully exploit the potential of its employees.
Embraer is a leading company in the aerospace industry based in Munich. It employs over 23,500 people worldwide and is committed to contributing to a low-carbon economy through innovation and sustainability. The company invests not only in technologies, but also in the people who develop those technologies, solidifying its position as an industry leader.
