This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Embraer Defense & Security To Provide Logistical Support For The A-29 Super Tucano Fleet Of The Brazilian Air Force

RIO DE JANEIRO, April 10, 2013 /PRNewswire/ -- Embraer Defense & Security and the Brazilian Air Force (FAB) signed a contract, today, at LAAD Defence & Security, for providing logistical support and services for the fleet of 92 A-29 Super Tucano aircraft operated by the FAB. The Integrated Logistical Support Program (Programa de Suporte Logistico Integrado - PSLI) covers the provision of supplies for scheduled and unscheduled maintenance, repairs, and overhauls of components, support for the landing gear and propeller groups, and specialized technical support, as well as the integrated logistics needed for moving materials and for planning. The contract, for a total of R$ 252 million, includes a basic service package that comes to R$ 223 million and covers unexpected services, in the amount of R$ 29 million, for a period of five years.

PSLI is an integrated solution that increases the fleet's capability and mission readiness, with a fixed price and established performance requirements. The program is based on long-term business planning model that integrates an extensive network of partners and suppliers through centralized management with a significant reduction of operating and support costs.

"It is a great pleasure to contribute to the readiness and operations of Brazil's fleet of A-29 Super-Tucano aircraft," said Eduardo Bonini Santos Pinto, Senior Vice President, Operations, and COO of Embraer Defense & Security. "PSLI is a proven solution model and it will fully meet the needs of the FAB in fulfilling its missions."

"We are confident that the solution presented by Embraer Defense & Security will contribute to ensuring the operation of these aircraft under excellent conditions, and it provides the FAB with an efficient and economic use of its fleet," said Air Force Lieutenant-Brigadier Helio Paes de Barros Junior, FAB Commander-General of Support.

About Embraer Defense & Security

With over 40 years of experience in providing Armed Forces around the world with superior platforms and systems to aid in their defense and security, Embraer Defense & Security has a growing presence in the global market, and plays a strategic role in Brazil's defense system. Embraer Defense & Security's product portfolio includes military airplanes, state-of-the-art radar technologies, unmanned aerial vehicles (UAV), and advanced information and communications systems, such as Command, Control, Communications, Computer, and Intelligence, Surveillance, and Reconnaissance (C4ISR) applications. Embraer's airplanes and military solutions are in service with more than 50 armed forces in 48 countries.

Follow us on Twitter: @EmbraerSA

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs