Embraer wins $428M attack plane deal from U.S. Air Force, Reuters says

theflyonthewall.com

Embraer (ERJ) won a $428M deal to supply 20 light attack planes for the U.S. Air Force, beating out Hawker Beechcraft, reported Reuters. A senior Brazilian official said, "This is obviously a very good development for Boeing. It's the best thing that's happened to them in months (in the fighter jet race)," according to report, which noted that Boeing is bidding to overhaul Brazil's Air Force with more than 36 new jets.

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